Bitcoin (BTC): Reached Our Zone of Resistance!
The price of Bitcoin has reached our upper, smaller resistance zone, where so far we are seeing a good rejection.
This zone right here is the key zone for us, as if we fail to hold it right now we will form a full crossover on RSI and there will be a possibility of testing EMAs and even breaking them as well so eyes on the current zone!
Swallow Team
This zone right here is the key zone for us, as if we fail to hold it right now we will form a full crossover on RSI and there will be a possibility of testing EMAs and even breaking them as well so eyes on the current zone!
Swallow Team
Anmerkung
Bitcoin has reached again the line of 100EMA, where historically we have had pretty good rejections.
We are looking to get another rejection from here and a possible further downward movement toward 50K.
But if somehow we break the EMAs, then there is a chance to see another fakeout form.
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