BTC bulls still trying for the inverted
BTC is currently at resistance ($6,375), just closed a hanging man and is currently on a green 9 on the 4 hour chart. The 50 MA is also hovering right above the price.
**btc bulls still trying for the inverted head and shoulders on the daily chart. **Bulls need to continue to see higher lows and eventual break of $6,800. Bears are looking for a lower high compared to $6,800 then an eventual lower low and a break of $6,082. EMA 200 on which price got rejected thrice. While still being in a longerterm uptrend, the zone between EMA 100 and 200 remains buy zone. Falling Wedge almost completed, now iH&S.
EMA 100 and 200 remains buy zone. Falling Wedge almost completed, now iH&S.
Need more update
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