#BTC UPDATE
The importance of the $7000 level is still valid.
8H Candle Closed Above EMA100 & Horizontal Resistance (6840-6960) , that Means, Ascending Triangle Breakout Done..!!
If we take hold above this level in the next few hours, the priority will be highly upward, target is $7700. .
Buying Volume Has Incredible, MACD & RSI Both Looking Bullish, But According to RSI, Before Bullish Move towards the 8k, Bitcoin Might Retest the EMA100.
If now we see a rejection from the mentioned level - downward priority will be confirmed and we will dump, finally. Supports are $6800 $6630 $6200 and $5900.
The importance of the $7000 level is still valid.
8H Candle Closed Above EMA100 & Horizontal Resistance (6840-6960) , that Means, Ascending Triangle Breakout Done..!!
If we take hold above this level in the next few hours, the priority will be highly upward, target is $7700. .
Buying Volume Has Incredible, MACD & RSI Both Looking Bullish, But According to RSI, Before Bullish Move towards the 8k, Bitcoin Might Retest the EMA100.
If now we see a rejection from the mentioned level - downward priority will be confirmed and we will dump, finally. Supports are $6800 $6630 $6200 and $5900.
