Price action was rejected yesterday by the 2H 50ema and slid down the upper railing of the descending but did not break back into the channel. Price bounced of the channel bounced of the channel which is bullish .
Price action is likely to break up over the 2H 50ema. Another rejection is very bearish .
break up from triangle has a target around $49. A breakdown from triangle has a target at $41, but there strong support at $44.
A lot of assets including BTC are in a decision point at the moment whether to go up or down. Most are in some sort of triangle.
Price action is likely to break up over the 2H 50ema. Another rejection is very bearish .
break up from triangle has a target around $49. A breakdown from triangle has a target at $41, but there strong support at $44.
A lot of assets including BTC are in a decision point at the moment whether to go up or down. Most are in some sort of triangle.
