BTCUSDT
We are above EMA 200 So no need to worry for now.
This is just a normal correction.
If you see the 3 purple lines on my chart, you can see 2/3 of them have been hit already the third one is $58k+....so for now fingers crossed.
3 Strong Bullish signs:
1 - Price is traded above EMA 200
2 - Bullish Engulfing pattern formed last month, since then price has moved up from $30k to $53k
3 - Hidden bullish divergence detected on the TA indicators
We are above EMA 200 So no need to worry for now.
This is just a normal correction.
If you see the 3 purple lines on my chart, you can see 2/3 of them have been hit already the third one is $58k+....so for now fingers crossed.
3 Strong Bullish signs:
1 - Price is traded above EMA 200
2 - Bullish Engulfing pattern formed last month, since then price has moved up from $30k to $53k
3 - Hidden bullish divergence detected on the TA indicators