The Price Action is currently in an uptrend, Both the 20 Day EMA and the 50 Day SMA are Raising, which is a Good Sign for the Buyers. The Price has been Rebounded from the 20 Day EMA Twice even now we can see it taking Support and the Price might kick off from here, RSI Indicator tells us the demand exceeds supply by 10% and the Bulls are on Hold. If the Trend...
Bitcoin is currently in an uptrend, we can see the 20 days EMA raising, and also the prize is above 20 days EMA which is a good sign for buyers. The 20 days EMA is acting as the strong support line, where the prize takes a rebound. The bulls are buying in dips of the prize if this trend continues, the price might go up to $59680.13 which is a strong resistance...
Bitcoin is above the 20 days EMA which is a good sign for buyers. For the past 5 days, the price was consolidated between $43794 and $44400 which indicates that the bulls are buying in dips and the bears are selling in the rally. They may continue for few more days, we need to watch for a clear path, as the EMA and SMA are heading High it indicates the price may...
Bitcoin as been raised above the 20 EMA which is the positive sign as it shows the bulls are aggressively buying. It as taken the support on 4th Aug on the 20 day EMA and rebounded back with huge volume, If these trend continuous it might go up to $ 47574.54 resistance and if it close above these resistance then the bulls will thrust the pair to the next level at...