ashisht2

Weekly EMA is a magnet at 25000ish

Short
ashisht2 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Nothing much to say hear the title/heading says it all. Don't be happy yet! Continue with your shorts and trail your stop losses. 25000is may see a bounce for around a couple of thousands as was previous supports now turned as resistances. Refer my previous charts. Thank you.
Comment:
I am still not convinced with this bounce untill it breaks out of the resistance and sustain. Coming to the idea point, there is a difference in binance ema calculation and when i saw bitstamp ema it reached there just like a magnet. Now that said, disregard this chart as well and wait untill it breaks this resistance of 32250ish to sustain for a week to see another up move. If not, my lower targets are still very well placed.
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