BTC USDT is in a rising channel. In the short term, the candlesticks are going below both the yellow 50 EMA and touching the bottom of the bollinger band. Volume also shows selling pressure as well.
Its most recent support lies in the 55190 area and may retest it again. In order for it to be bullish once more, candlesticks must break the tight resistance line and go above the 50 EMA.
I am open for feedback, suggestion and tips. Thanks!
Its most recent support lies in the 55190 area and may retest it again. In order for it to be bullish once more, candlesticks must break the tight resistance line and go above the 50 EMA.
I am open for feedback, suggestion and tips. Thanks!