Details are explained in the chart.
Stay alert in getting and out of position.
BTC at crucial zone!
25/5/21
- Below all major EMA (negative)
- On weekly taking support from 100EMA (keep on watch)
-Trend reversal only on decisive close above 44700
- Downtrend continuation below 34000 on closing basis
- VOL is heavy on downside (negative)
- Long wick candle shows buyer are sitting at lower levels
Stay alert in getting and out of position.
BTC at crucial zone!
25/5/21
- Below all major EMA (negative)
- On weekly taking support from 100EMA (keep on watch)
-Trend reversal only on decisive close above 44700
- Downtrend continuation below 34000 on closing basis
- VOL is heavy on downside (negative)
- Long wick candle shows buyer are sitting at lower levels