Quick idea.
After popping above the downside resistance line, the crypto got held near the 9150 barrier, from which it retraced lower. that said, Bitcoin managed to stay above its 200-day EMA and is now knocking on the door of 9150 area gain. In order to target higher levels, we need a daily close above that area first.
Please see the chart for details.
Don't forget your stop-loss.
After popping above the downside resistance line, the crypto got held near the 9150 barrier, from which it retraced lower. that said, Bitcoin managed to stay above its 200-day EMA and is now knocking on the door of 9150 area gain. In order to target higher levels, we need a daily close above that area first.
Please see the chart for details.
Don't forget your stop-loss.
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