Bitcoin Daily Short-Term Update
Going a bit deeper, 1H TF, let's see what BTCUSD has to say.
A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume.
Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow.
The red marked space is the main short-term support.
As long as we stay above this level, we can expect additional growth.
This is a short-term analysis.
Things can change fast.
I will be giving you more updates as the charts continue to evolve.
Happy New Year 2022!
Thanks a lot for your continued support.
Namaste.
A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume.
Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow.
The red marked space is the main short-term support.
As long as we stay above this level, we can expect additional growth.
This is a short-term analysis.
Things can change fast.
I will be giving you more updates as the charts continue to evolve.
Happy New Year 2022!
Thanks a lot for your continued support.
Namaste.
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🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
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🔝 Cryptocurrency Technical Analysis
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