Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Bitcoin had a nice correction from the 50's K level and now corrected to 40K. We held the 21W EMA and now appears to be breaking out of this downward channel. Next Resistance to watch is 47-48K. If we can break out and hold then I believe the bottom is in. If we can't hold 40K then 35-36K is next support!
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Bitcoin had a nice correction from the 50's K level and now corrected to 40K. We held the 21W EMA and now appears to be breaking out of this downward channel. Next Resistance to watch is 47-48K. If we can break out and hold then I believe the bottom is in. If we can't hold 40K then 35-36K is next support!