Here we are looking at the 4H timeframe as promised, this chart moves faster than the daily and we can have a closer look as to what is really happening right now.
We have a move and close below EMA10 and EMA21 on this timeframe.
The RSI hit below 50, which is the bearish zone just to move back up...
Prices remain trading above EMA50 which is a bullish signal. If this level breaks we are going for $13,000 for sure or EMA100.
The MACD looks weak/mixed signals but technically still in the bullish zone.
Now, with a lower high on the $14100 resistance and uncertainty now approaching the market, a drop can happen anytime but... Be prepared because Bitcoin likes to surprise... Sudden moves can happen anytime... What's your take?
Here is the daily chart for a more detailed analysis:
Namaste.
ملاحظة
The $14,100 resistance level is being challenged now...
Very interesting how things are looking.
All positive cryptocurrency (Bitcoin & Altcoins).
Patience is key now.
Namaste.
ملاحظة
ملاحظة
🅱️ THE BULLS WIN | Bitcoin Going For A New All-Time High ($19,000+)
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.