BTCUSDT 50650 6H Time frame update 12/8//2021
BTC 6H 21EMA is currently retesting the 21ema
Prices pushed back above the 6H 21ema, but there is no divergence yet
If prices break the resistance, 54K (previous sprt) will act as a resistance
Downside target sprts
40975
3750-3550
0.618F IS AT 45-46K so bears need to adjust SL and secure some profits at that level.
BTC 6H 21EMA is currently retesting the 21ema
Prices pushed back above the 6H 21ema, but there is no divergence yet
If prices break the resistance, 54K (previous sprt) will act as a resistance
Downside target sprts
40975
3750-3550
0.618F IS AT 45-46K so bears need to adjust SL and secure some profits at that level.
