BTC Update: 200d MA + Decade VWAP
BTC HTF (high time frame) trend remains to the downside. The recent impulse should inject some bullish sentiment, however resistance to the upside at $24-26K. Would like to see increase volume with a rejection at the 200dMA/ Decade VWAP, swing failure down to a lower leg on the wedge.
Target remains at $10,500.
Target remains at $10,500.
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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.