All is in the graph. SImple and without indicators.
In the past BTC got rejected many times at some determinantes prices (10k, 8.5k , 7.5k , 6.5k.. ) to follow his bearish trend.
Strongly Rejected by EMA200, EMA100 and EMA50 multiple times (Started in August) .
Today we clearly broke EMA50 and got a nice buying volume.
Next Step should be to broke EMA100 around 4200ish. (but not really important to my eyes )
A real Bullish confirmation should be to broke EMA 200 + Bearish Trend around 5000ish.
Sentiment is turning bullish for many peoples. but EMA's give u a lot of informations and should be followed closely to wait a real confirmation.
Happy Tr4Ding & Stay Safu!
In the past BTC got rejected many times at some determinantes prices (10k, 8.5k , 7.5k , 6.5k.. ) to follow his bearish trend.
Strongly Rejected by EMA200, EMA100 and EMA50 multiple times (Started in August) .
Today we clearly broke EMA50 and got a nice buying volume.
Next Step should be to broke EMA100 around 4200ish. (but not really important to my eyes )
A real Bullish confirmation should be to broke EMA 200 + Bearish Trend around 5000ish.
Sentiment is turning bullish for many peoples. but EMA's give u a lot of informations and should be followed closely to wait a real confirmation.
Happy Tr4Ding & Stay Safu!
waiting for EMA100 retest soon and maybe a break. if we pass under EMA50 it's bad and we could go around 2500ish.