Bitcoin - BTCUSDT failed to go down
after 2 daily candles , I think we lost bearish pressure on the bitcoin prices
now we have two wick rejection to downside
prices is being supported by 100 MA as you can see on 41000 and failed to reach down side of the channel on its bearish rally
given the fact that we had china bearish news over the last week and it had to pull the price down but we didn't see enough bearish pressure , I'm bullish on BTCUSDT
also RSI line broke a bearish trend line
THIS IS JUST AN ANALYSIS...
now we have two wick rejection to downside
prices is being supported by 100 MA as you can see on 41000 and failed to reach down side of the channel on its bearish rally
given the fact that we had china bearish news over the last week and it had to pull the price down but we didn't see enough bearish pressure , I'm bullish on BTCUSDT
also RSI line broke a bearish trend line
THIS IS JUST AN ANALYSIS...
Penafian
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