BTC took support from the channel bottom yesterday, but found resistance at the 50 Day EMA (orange). We need to take it out for more upside while still remaining within the boundaries
On 4H timeframe
On 4H timeframe
Comentário:
Nice break out, next target will be 6900-7000 as the top of the channel. Going above that will be super bullish
Comentário:
The price took support from the lower channel bottom and bounced
Comentário:
The 50 EMA gave the lifeline support and the price is back in the channel