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Short

BTC 4H - Move to 50EMA and then drop to the Daily S3

By Maverick45
BTCUSD
Price is currently squeezed between Daily Pivot/Weekly S1 and EAM20 on the H4, expecting a push to daily R2, 50EAM, 50 fib and test of previous resistance level at 9850 from the underside before a drop down to daily S3 at 9200.

Watch for a break of the daily pivot level as price may just break lower to daily S2 and trade in a sideways range.
4h4hrBTCBTCUSDFibonacciMoving AveragesSupport and Resistance

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