BTC bounced at very strong support
BTC bounced at a powerfull crossroad support of:
- EMA55 (has been strong support in previous bullruns)
- 0.618 FIB level, golden ratio
- RSI support. Looks like it wants to go back up
- Trendline support
It might Always dip down (fakeout) to briefly touch the EMA100-150. But I would expect it to get back above the EMA55 (or 50 if you like) very quickly. SEC of no SEC ;-)
- EMA55 (has been strong support in previous bullruns)
- 0.618 FIB level, golden ratio
- RSI support. Looks like it wants to go back up
- Trendline support
It might Always dip down (fakeout) to briefly touch the EMA100-150. But I would expect it to get back above the EMA55 (or 50 if you like) very quickly. SEC of no SEC ;-)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.