BITCOIN Update
we easily lost the 50 MA support as well as the Mid Line of the Local Ascending Channel.
Currently we are going to test the horizontal support zone around $ 6,150. If the one is broken we can go and test the $ 5,900 support line of the Local Ascending Channel. And then $ 5,700 the Mid Line of the Channel.
Local priority is bearish now and only close above 50 MA and the Ascending Channel mid-line can change it to bullish.
Good luck.
we easily lost the 50 MA support as well as the Mid Line of the Local Ascending Channel.
Currently we are going to test the horizontal support zone around $ 6,150. If the one is broken we can go and test the $ 5,900 support line of the Local Ascending Channel. And then $ 5,700 the Mid Line of the Channel.
Local priority is bearish now and only close above 50 MA and the Ascending Channel mid-line can change it to bullish.
Good luck.