BTCUSD - Long & Short Term
BTC currently travelling in a upward channel on the short term. I think this has peaked for now, so will be looking for support at approx $10,800, on the way down to bottom of channel.
Think of the longer time frame, that BTC needs to hit support at around $10,300ish (depending on how long it takes) before pushing back up towards the upper limits again.
For what its worth, I think that this bottom line will play support for the remainder of the bull market. EMA's seem to support this.
No crazy divergences spotted.
Think of the longer time frame, that BTC needs to hit support at around $10,300ish (depending on how long it takes) before pushing back up towards the upper limits again.
For what its worth, I think that this bottom line will play support for the remainder of the bull market. EMA's seem to support this.
No crazy divergences spotted.
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