โก๏ธQuick Bitcoin night TA for you here, the markings basically speak for themselves and we bounced off our $18,670 support which has stood for quite a few weeks now through thick and thin so that's our main support. Whereas our resistance marking was hit at $19,551 and you see what happened once we broke above that, we had a lil' mini breakout that had us seeing and revisiting our decision channel which we failed to hold above and the fall after followed from that impulse move.
โก๏ธWe're basically just tossing and handing off the 200 EMA like it's a hot potato and what'll matter next will be whether or not we hold that 200 EMA and keep it or lose it and possibly face another revisit to our main support. Otherwise we can definitely reenter the EMA and find the footing we need to proceed up above that $19,551 resistance and move back up with the strength and tenacity we need to greet our $20,000 range again. Either way our markings speak for themselves and the chart shows what's needed. Leaving the idea here for now since this is crypto and you already know we can only give it our best and learn from each and every single move but happy to see the markings putting in their work as they always do, simply getting more accurate with each one.
โก๏ธLeaving the idea here for now but watch those EMA's and those low wick extensions we had since those are possible short term support points should we fall further and fail to regain that 200 EMA and watch that resistance mark. The next move/overnight move can definitely help determine and set the next directional flow for our crypto so let's see what we wake up to, thank you! If you'd like to leave a like or follow it'd be much appreciated as always!
~ Rock '
โก๏ธWe're basically just tossing and handing off the 200 EMA like it's a hot potato and what'll matter next will be whether or not we hold that 200 EMA and keep it or lose it and possibly face another revisit to our main support. Otherwise we can definitely reenter the EMA and find the footing we need to proceed up above that $19,551 resistance and move back up with the strength and tenacity we need to greet our $20,000 range again. Either way our markings speak for themselves and the chart shows what's needed. Leaving the idea here for now since this is crypto and you already know we can only give it our best and learn from each and every single move but happy to see the markings putting in their work as they always do, simply getting more accurate with each one.
โก๏ธLeaving the idea here for now but watch those EMA's and those low wick extensions we had since those are possible short term support points should we fall further and fail to regain that 200 EMA and watch that resistance mark. The next move/overnight move can definitely help determine and set the next directional flow for our crypto so let's see what we wake up to, thank you! If you'd like to leave a like or follow it'd be much appreciated as always!
~ Rock '
