Technical Analysis: #Bitcoin(weekly closed)
In weekly time frame, btc trade above the both MA's( 21 and 50) and did nice bounce from 21WMA and Bitcoin did really nice closed on weekly chart but need break downtrend on weekly basis as well as RSI at resistance now, so Do not let your emotions make you FOMO.
Keep a hold, look at this chart again and again until you understand that the momentum is fading while the price is increasing. I don’t know. Just my thoughts.
DYOR
REMEMBER what I said, close above 52.5k means moon. Until then everything is a trap, at least for me.
You can make your own choice.
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Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
In weekly time frame, btc trade above the both MA's( 21 and 50) and did nice bounce from 21WMA and Bitcoin did really nice closed on weekly chart but need break downtrend on weekly basis as well as RSI at resistance now, so Do not let your emotions make you FOMO.
Keep a hold, look at this chart again and again until you understand that the momentum is fading while the price is increasing. I don’t know. Just my thoughts.
DYOR
REMEMBER what I said, close above 52.5k means moon. Until then everything is a trap, at least for me.
You can make your own choice.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
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