BTC Daily Close Sept 10
#BTC has had some nice upward action over the past few days.
The bulls have a bit more work to do than with #ETH, as BTC broke below it's BF support channel and will find resistance there on it's upward move.
Things to note on the daily TF:
- 9SMA potentially to cross 21 over next few days
- 50SMA is next resistance, followed by 100, then BF channel
- 50 looking to cross 100 in next few days IFFF we can get above it and close above
Should be an interesting next few weeks.
The bulls have a bit more work to do than with #ETH, as BTC broke below it's BF support channel and will find resistance there on it's upward move.
Things to note on the daily TF:
- 9SMA potentially to cross 21 over next few days
- 50SMA is next resistance, followed by 100, then BF channel
- 50 looking to cross 100 in next few days IFFF we can get above it and close above
Should be an interesting next few weeks.
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