bitcoin
chartpattern
crypto
cryptocurrency
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luna
lunalong
lunausdt
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Rapid price action over the last 24 hrs. Remember, fast move is the false move. Bitcoin wicked nicely to the lows at 47/48k, before pulling back to a comfy 49k support. Price action such as this indicates that we may have found support and possible upside potential in the near term. If we zoom out, the narrative changes. BTC on the daily looks set for a pullback...
1
Luna is showing some strong contraction on the daily, will be looking for confirmation in smaller timeframes but we are looking strong here.
2
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