BTC Daily Close Sept 10
#BTC has had some nice upward action over the past few days.
The bulls have a bit more work to do than with #ETH, as BTC broke below it's BF support channel and will find resistance there on it's upward move.
Things to note on the daily TF:
- 9SMA potentially to cross 21 over next few days
- 50SMA is next resistance, followed by 100, then BF channel
- 50 looking to cross 100 in next few days IFFF we can get above it and close above
Should be an interesting next few weeks.
The bulls have a bit more work to do than with #ETH, as BTC broke below it's BF support channel and will find resistance there on it's upward move.
Things to note on the daily TF:
- 9SMA potentially to cross 21 over next few days
- 50SMA is next resistance, followed by 100, then BF channel
- 50 looking to cross 100 in next few days IFFF we can get above it and close above
Should be an interesting next few weeks.
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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.