Rejection of the MA 50 (1h)

• The Moving Average 50 (1h) seems to be a valid indicator for BTC -0.44%
  
• Bear flag is forming
  

Komen:

- Bear flag broken (bearish signal)
- but support found at EMA 200 (4h).
- and oversold RSI (4h)

We could find some sort of resistance at this area but if BTC goes below 7,200$ the next support is at 6,700$

Komen:

Next target: 6,375€

Komen:

USD not €.
Next target: 6,375$

Komen:

Next target 5,800$.
Even in this scenario a correction up to 6800$

Dagangan ditutup: sasaran tercapai:

For updates => go to the most recent posts