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.
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.
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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.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
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.