My short term reading for BTC (undertainty)
We entered a capitulation phase after the drop to 18120, after a few hours it looks we are supporting the 18745 level.
Possible scenario 1: We break 200 yellow EMA (under 5M) THEN there is a potential rising move until 19530 level TP1 and then to 19900 level TP2
Possible scenario 2: We break 18640 THEN possibly would take us down to 17500-17300
PS: You can see the yellow 200 EMA when you change the chart to 5M, Bear in mind is short term analysis valid in the range of hours as we are using a small timeframe.
Possible scenario 1: We break 200 yellow EMA (under 5M) THEN there is a potential rising move until 19530 level TP1 and then to 19900 level TP2
Possible scenario 2: We break 18640 THEN possibly would take us down to 17500-17300
PS: You can see the yellow 200 EMA when you change the chart to 5M, Bear in mind is short term analysis valid in the range of hours as we are using a small timeframe.