Bitcoin (BTC): Bloody Monday In Play / Rejection From 200EMA
What a nice catch here, where price tested again our famous 200EMA and got rejected.
So far, the new week has started out nice and good, with pressure from sellers taking over that zone there and possibly starting a further downward movement from here!
Swallow Team
So far, the new week has started out nice and good, with pressure from sellers taking over that zone there and possibly starting a further downward movement from here!
Swallow Team
Note
On a smaller timeframe, we see a pattern has repeated itself where we had a small fakeout above 200 EMA.
As the new week has started and we are back below that EMA, we are looking for further movement to lower zones from here!
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