We have a positive signal now with Bitcoin (BTCUSD) moving above EMA10 on the 4H timeframe.
EMA10 sits at $50763 (candle closure is needed for this bullish signal to be confirmed).
The 4H candle closes in 2 hours.
With prices moving back above EMA10, this signals that the bulls are jumping back into the game.
Our initial and main support at $55,000 will now work as resistance.
This is the next target if the bulls continue to push prices higher.
Was this just another shakeout?
A healthy correction?
TSLA guy had diarrhea?
It doesn't really matter as long as the market continues to grow.
Namaste.
EMA10 sits at $50763 (candle closure is needed for this bullish signal to be confirmed).
The 4H candle closes in 2 hours.
With prices moving back above EMA10, this signals that the bulls are jumping back into the game.
Our initial and main support at $55,000 will now work as resistance.
This is the next target if the bulls continue to push prices higher.
Was this just another shakeout?
A healthy correction?
TSLA guy had diarrhea?
It doesn't really matter as long as the market continues to grow.
Namaste.
🔝 100,000+ Altcoins & Bitcoin Charts!
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
We are now strongly bearish.