BTCUSD - The descending triangle playing out - Major Support
It seems BTC price is playing out the descending triangle, so far. creating a new local higher high would invalidate the the Bearish theory, a price close above 35K.
Next major support is found between 24K to 19K; coinciding with the CME gap fill, highest price action volume, daily RSI cool off, between the 100 and 200 Daily EMA, golden support range of 0.618 from the last move up, and also the POC (point of control) is around 19.2K.
Happy trading.
Next major support is found between 24K to 19K; coinciding with the CME gap fill, highest price action volume, daily RSI cool off, between the 100 and 200 Daily EMA, golden support range of 0.618 from the last move up, and also the POC (point of control) is around 19.2K.
Happy trading.
Smart Crypto Association [ SCA ]
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