Notice the long lower shadow/wick on the current BTCUSD 4H candle... This is all the correction you will get.
Prices fell for Bitcoin (BTCUSD) on the 4H timeframe and tested EMA21 and EMA10 as support.
So far both levels hold.
The current candle closes in less than 1 hour and a close above $64400 is EXTREMELY BULLISH, it can signal straight up.
On the other hand, if prices drop and close below EMA10 and/or EMA21, we are very likely to see lower prices.
Since we have increasing volume, a recent bullish breakout, and a very strong RSI, we take this as a real move...
We can expect higher prices.
What's your take?
Leave a comment, share, follow & like!
Namaste.
Prices fell for Bitcoin (BTCUSD) on the 4H timeframe and tested EMA21 and EMA10 as support.
So far both levels hold.
The current candle closes in less than 1 hour and a close above $64400 is EXTREMELY BULLISH, it can signal straight up.
On the other hand, if prices drop and close below EMA10 and/or EMA21, we are very likely to see lower prices.
Since we have increasing volume, a recent bullish breakout, and a very strong RSI, we take this as a real move...
We can expect higher prices.
What's your take?
Leave a comment, share, follow & like!
Namaste.
ملاحظة
EMA21 still holding as support.We are bullish above these two, EMA10/21.
We go bearish below on this timeframe.
We are looking at the 4H.
We are bullish now above it.
ملاحظة
It still looks good...
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.