BTC was bearish for a while both locally and globally. It is still bearish globally but a crossover was just happened by the price close and 9 EMA which is a sign of potential reversal of the price. I will be long when the 7400 strong resistance and 110 EMA (the yellow one) breaks out.
Trade active
Three other confirming signs:1. 26 EMA was just crossed by the price.
2. A minor Fib. level was just crossed
3. 9 EMA and 26 EMA are closing and the there is a high possibility to cross
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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.