Hey guys, real quick TA since I've got to go to work.
ðĨYesterday's idea which is linked below detailed most of what you need, Bitcoin continues to still trade within our marked indicators and you can see how it keeps trying to fight to grip that $23,000 marked point I've already got marked down as that's our strongest point above which we'll have support and sustain some good movement.
ðĨWithout that, should we fall below we'll likely face a big 200 EMA loss and a mountain fall in the process so be wary and watch those EMA's for what's going on with this price action.
ðĨRight now we'll need those 20/50 EMA's to flip back up so we can be on at least on a semi good track back up but it's looking more like they may not have as much support as needed so should we continue to lose those EMA's and not see a flip occur we'll likely fall further tell our next point.
ðĨI really gotta go so apologies for the short post but it's a follow on from yesterday's idea anyway for the most part so give that a read, thank you and if you'd like to leave a like or follow it'd be much appreciated, thank you!
~ Rock '
ðĨYesterday's idea which is linked below detailed most of what you need, Bitcoin continues to still trade within our marked indicators and you can see how it keeps trying to fight to grip that $23,000 marked point I've already got marked down as that's our strongest point above which we'll have support and sustain some good movement.
ðĨWithout that, should we fall below we'll likely face a big 200 EMA loss and a mountain fall in the process so be wary and watch those EMA's for what's going on with this price action.
ðĨRight now we'll need those 20/50 EMA's to flip back up so we can be on at least on a semi good track back up but it's looking more like they may not have as much support as needed so should we continue to lose those EMA's and not see a flip occur we'll likely fall further tell our next point.
ðĨI really gotta go so apologies for the short post but it's a follow on from yesterday's idea anyway for the most part so give that a read, thank you and if you'd like to leave a like or follow it'd be much appreciated, thank you!
~ Rock '
