BTC currently retesting the 4H 200EMA as support. This also coincides with the RBR (rally base rally) demand zone area highlighted in green as additional support.
The FVG (Fair value gap) I had previously mentioned in my last post has now been filled, adding to the conclusion that although BTC could still drop from here it's looking like a strong place to start building a long position. It is key that this demand zone area holds to continue the recent bullish trend.
The FVG (Fair value gap) I had previously mentioned in my last post has now been filled, adding to the conclusion that although BTC could still drop from here it's looking like a strong place to start building a long position. It is key that this demand zone area holds to continue the recent bullish trend.
