BTC 1D Chart Support Areas Going Down
There is a lot of technical data shown on this BTC Bitcoin 1D chart:
1) Check out the 21 EMA support, and the 50/100/200 MA support
2) Look at the VPVR with my support lines noted.
3) Look at the Fibonacci retracement levels
4) Price is above the ichimoku cloud
5) Price is sitting on the trendline since October pump
6) RSI broke down from the trendline forming since the end of Sept 2021
If BTC price can hold the 21 EMA, then we can continue for an upwards momentum, otherwise expect some form of a correction.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
1) Check out the 21 EMA support, and the 50/100/200 MA support
2) Look at the VPVR with my support lines noted.
3) Look at the Fibonacci retracement levels
4) Price is above the ichimoku cloud
5) Price is sitting on the trendline since October pump
6) RSI broke down from the trendline forming since the end of Sept 2021
If BTC price can hold the 21 EMA, then we can continue for an upwards momentum, otherwise expect some form of a correction.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
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