Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bitcoin EMA100 Weekly ($20,000 Still In Play)
Bitcoin
Bitcoin EMA100 Weekly ($20,000 Still In Play)
By AlanSantana
Follow
Follow
Feb 24, 2022
6
9
39
39
Feb 24, 2022
Bitcoin (BTCUSD) is now going below EMA100 on the weekly timeframe... This is very bad news.
We have this Shooting star candle on the 7-Feb. week:
At this same level we have a strong rejection from EMA50/EMA10 as resistance.
Last, we can see how EMA100 is now failing as support.
(This signal is only confirmed once the weekly candle closes)
The $20,000 Bitcoin target we've been warning about is still in play.
We can say BTC is out of the hospital above 46K.
Once the last crash shows up, we will revisit the chart and give you new levels for you to trade.
Thank you for reading.
Remember to hit like, share, comment & follow.
Namaste.
Beyond Technical Analysis
Technical Indicators
Trend Analysis
AlanSantana
Follow
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com
(Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:
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
.