I have published three other charts today on possible BTC Long scenarios that have some confluence with this chart
12 EMA confirmed as short term support, decreasing sell pressure, possible double bottom, possible ascending triangle
Also, we have a possible rounding bottom of LTC/USD right now with a possible falling wedge on ETH/USD
But can we turn the 26 into support from here on the 1H?
Not much meso / macro support underneath tbh
The 26 EMA is currently our hard resistance at this moment
CNBC is short though :)
12 EMA confirmed as short term support, decreasing sell pressure, possible double bottom, possible ascending triangle
Also, we have a possible rounding bottom of LTC/USD right now with a possible falling wedge on ETH/USD
But can we turn the 26 into support from here on the 1H?
Not much meso / macro support underneath tbh
The 26 EMA is currently our hard resistance at this moment
CNBC is short though :)