I believe that there is not enough power to overcome EMA20 yet. Stochastic is bearish and the current candle looks like a doji. Even if BTC conquers EMA20, it hits the strong resistance. Either way, I think it will move down to the lower edge of the triangle. Please hit LIKE if you find this idea useful:)
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.
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.