Bitcoin Finding Resistance at 200 EMA

27 ביולי 2021

Bitcoin is currently testing RESISTANCE at the YELLOW 200 EMA line. The GREEN SUPER TREND indicator is signaling LONG and the RSI is not yet over bought. If price can BREAK RESISTANCE and SUSTAIN SUPPORT above the YELLOW 200 EMA at around 40k then a retest of resistance around 52k is not out of the question. Until price breaks above the 200 EMA I remain neutral on this trade.

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