A confluence of resistances is rejecting BTC price currently. These resistances include the daily 12ema, the ichi cloud,and the 30min 33ema.
The 30min 200ema has been acting as dynamic support so price is probably heading there. But a cross of the green trendline will send prices back to 5k.
The 30min 200ema has been acting as dynamic support so price is probably heading there. But a cross of the green trendline will send prices back to 5k.
Comment:
fakeout from ascending triangle, target 30min 200ema reached.
