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BTC/USD (Bitcoin) | What's Next??
Bitcoin
BTC/USD (Bitcoin) | What's Next??
By Faibik
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Dec 1, 2019
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Dec 1, 2019
BTC/USD (Bitcoin)
Let's Take a Look on BTC in Multi Time Frame Chart..!!
Bitcoin Weekly..!!
EMA50 & EMA100 Both Are Playing Key Roles in Weekly Chart..
EMA50 = Key Resistance & EMA100 = Key Support
If EMA50(8000) Broken then Possibility Of Channel Breakout..
If EMA100 (7057) Got Rejected then BTC Might Test 5800 in Coming Weeks.
So Far Following Descending Channel & Fib 50% is Breakout Point & Strong Resistance As Well (So Keep Your Eyes on it)
Today is Weekly Closing & So Far Following Descending Channel in Weekly Chart & For Upward Move, #BTC Must Broken Weekly EMA100 (8000)
Bitcoin 4h..!!
Wedge Broken + EMA100 & EMA50 Got Rejected in 4h Chart..!!
Now Towards the 7.2k Support & Wedge Target..(As i Mentioned in Previous Update)
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
Moving Averages
Parallel Channel
Wedge
Faibik
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