BTCUSDT 19500 Weekly Update Nov 08 2022
BTCUSDT temporarily broke below the 20k support on the D time.
The D trend has now shifted down as the macd is starting to turn negative while price is below the D21ema
The constant lower end support for the last 5-6M is 18300-18000avg.
The 3D macd is still positive, so the probability of holding above the June's lows is higher until it flips negative
However, The M100sma (12.5k) is the only macro moving avg bulls have below the 17.5k
The upside resistances are still the same
22.4-22.8k
24.00-26.00k
BTCUSDT temporarily broke below the 20k support on the D time.
The D trend has now shifted down as the macd is starting to turn negative while price is below the D21ema
The constant lower end support for the last 5-6M is 18300-18000avg.
The 3D macd is still positive, so the probability of holding above the June's lows is higher until it flips negative
However, The M100sma (12.5k) is the only macro moving avg bulls have below the 17.5k
The upside resistances are still the same
22.4-22.8k
24.00-26.00k
