Bitcoin (XBTUSD) is now aiming at EMA100 or $10,043. If you look at the chart above, you can notice that EMA100 has been working as resistance and rejecting Bitcoin's growth multiple times.
After a strong shake out, it is time to try again.
Here is the game plan:
I've drawn three different scenarios on the above chart:
We are seeing the green and blue scenarios right now playing out... Which one you think will materialize?
Namaste.
After a strong shake out, it is time to try again.
Here is the game plan:
- 1) If XBTUSD can break above $10,043 (EMA100) with good strength and volume, we can expect for it to move higher. This is the target/resistance that BTC is aiming at now.
- 2) If XBTUSD fails to move past this level, or remain above $9800 (EMA50), we can expect to test the low $9000s again.
I've drawn three different scenarios on the above chart:
- Green. Moving past resistance with momentum.
- Blue. Sideways growth.
- Red. Breaking below support and moving lower...
We are seeing the green and blue scenarios right now playing out... Which one you think will materialize?
Namaste.
ความคิดเห็น:
We hit our main target at $10,100.
Thanks a lot for the support.
Thanks a lot for the support.
ความคิดเห็น:
Ethereum (ETHUSD) Chart Analysis
ความคิดเห็น:
Confirmed... Moving higher:
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