We finally saw some volatility both to the upside and to the downside
For next week the daily EMA-50 will be important level for resistance and the 4H EMA-50 for support.
Scenario 1: Price tests daily EMA-50 as resistance and fails to break it fully
Scenario 2: Price goes below the 4H EMA-50 and then tests it as resistance
These scenarios may not play out, but if they do I’ll be targeting 25.5k
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Crazy week in Bitcoin!
We finally saw some volatility both to the upside and to the downside
For next week the daily EMA-50 will be important level for resistance and the 4H EMA-50 for support.
Scenario 1:
Price tests daily EMA-50 as resistance and fails to break it fully
Scenario 2: Price goes below the 4H EMA-50 and then tests it as resistance
These scenarios may not play out, but if they do I’ll be targeting 25.5k