This is another pair that is facing resistance at the EMA100 blue line, BELBTC.
You can clearly see here how the price action is compressed between EMA50 and EMA100.
As soon as EMA100 (0.00004626) gets conquered, we see candles break and close above it, BELBTC will fly up and hit our targets marked with yellow squares.
If somehow it breaks lower, less probable at this point, we can some more consolidation and then we try again.
The bias is 100% bullish short, mid and long-term.
Patience is key.
Namaste.
You can clearly see here how the price action is compressed between EMA50 and EMA100.
As soon as EMA100 (0.00004626) gets conquered, we see candles break and close above it, BELBTC will fly up and hit our targets marked with yellow squares.
If somehow it breaks lower, less probable at this point, we can some more consolidation and then we try again.
The bias is 100% bullish short, mid and long-term.
Patience is key.
Namaste.
Комментарий:
This one has lots of room for additional growth.
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