Market Update 4 July Bullish
Bullish Market, 4th July
CFA Smart EMA:
Green UPWARDS
Red DOWNWARDS
Grey NEUTRAL
As We can see btc broke 35000,
BTC Currently testing new resistance.
By the look of it, BTC already have tested 35 support and failed resulting in False Breakout
If 35k wont hold! 33000 is imminent! We should see some bounce from 35k.
In Simple words:
If btc goes up from 35500 then next resistance are 36800k to 38k
If btc goes down below 34k then
This will be a fake out and btc can go upto 33-32k.
CFA Smart EMA:
Green UPWARDS
Red DOWNWARDS
Grey NEUTRAL
As We can see btc broke 35000,
BTC Currently testing new resistance.
By the look of it, BTC already have tested 35 support and failed resulting in False Breakout
If 35k wont hold! 33000 is imminent! We should see some bounce from 35k.
In Simple words:
If btc goes up from 35500 then next resistance are 36800k to 38k
If btc goes down below 34k then
This will be a fake out and btc can go upto 33-32k.
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