Chiefrafba

Can the EMA Crossover Provide a Pump?

BITSTAMP:BTCUSD   Bitcoin
Looking at the BTC 4h chart, we have seen the EMA20 (red line) cross the EMA 50 (orange line), but so far this has not created any real momentum to push us over the resistance level which remains the same- between $20.5k-$20.8k. A pullback to $20k could be an interesting area to consider a position, as this would be a trendline re-test as well as an EMA retest.

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