If support holds @ the 228-229 area, as well as BTC continuing its sideway trading, we're looking at a continuation up towards the 250 area resistance.
Key notes:
Look for resistance at 238 on the 200 EMA, it failed to break on the last pump, will be a key area to watch for, if it breaks we're looking clear until 250.
Bình luận
⋅
After BTC took a dump, looks like we're back on track for the target, important to note we have upcoming EMA crossings and if volume picks up we may see it blow past the 250 resistance, watch the next couple of hours closely.
Bình luận
⋅
Target reached, did not close trade however, I believe we may be exiting the bear market and moving into an uptrend, we need BTC to continue to trade sideways or to break above 14300 for this trend to continue however in my opinion.
Bình luận
⋅
I have made a new chart to analyze the new price action we are seeing.