miladrezaei

bitcoin can Getting Started another rally...??

Long
miladrezaei Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
If we can stay above EMA200 bitcoin can Getting Started another rally.
The market seems to be finally starting another rally after a few days of bearish and price retracement , provided that bitcoin can stay above EMA200 which performes as a resistance line.
Bears should not lose this resistance line because if lose this position We have to wait for price drop to 8000$ and 7600$.
DMI and ADX tells that sellers are'nt strong.
Don't forget stoploss to keep your fund safe.
Comment:
I think that BTC price can continue to fall and if we lose 7600$ support line next support is 7350$ and this is possible As long as we are in the downtrend.
I think 7350$ is last point that bitcoin is bearish and then the uptrend begins.don't forget that Halloween is close
Comment:
halving is close

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