BitcoinUpdated BTC 50-hour EMA (broken), upward support trendline (holding)
Just briefly my perspective is following yesterday's euphoria, reality that people do take profit.
I am optimistically seeking a bounce from this level. However it is also possible we re-test lower.
Not financial advice. DYOR for fun and profit.
I am optimistically seeking a bounce from this level. However it is also possible we re-test lower.
Not financial advice. DYOR for fun and profit.
Note
IMHO we will know within hours whether we continue up or will be re-testing lower.Note
Although we broke below for now we are walking back up the trendline.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.