After popping above the downside resistance line, the crypto got held near the 9150 barrier, from which it retraced lower. that said, Bitcoin managed to stay above its 200-day EMA and is now knocking on the door of 9150 area gain. In order to target higher levels, we need a daily close above that area first.
Please see the chart for details.
Don't forget your stop-loss.
Kommentera
⋅
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages. Trader’s Espresso – 07:00 GMT Trader’s Tea Time – 14:15 GMT