BTC Key Zone Study
Note key zone where price is sitting, right under the 18 and 8 EMA cross, which if price does not advance above, we could see price move more to the downside. Could we get more downward momentum to the 61.8% fib level before BTC retests the top? Studying price action; for now staying neutral. Overall trend is bullish and price consolidating within a corrective phase.
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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.