This is the update of the previous analysis on BTC.
Expected BTC to pull back which it did, but bounced higher from 43800 and now growing back up after the binance maintenance to 46800 resistance which was tested twice already.
Remember - the more time resistance is tested the weaker it becomes.
So don't short BTC on uptrend 😉 and here is the most awaited GOLDEN CROSSOVER, in the chart we can see the 50-Day EMA has touched the 200-Day EMA that will probably cross by tomorrow. Next, levels to watch are $48k->50k->51k.
If somehow that breakout attempt end up with rejection, pullback target zone stays the same $43k->42k.
Here's the Previous Analysis :-
Expected BTC to pull back which it did, but bounced higher from 43800 and now growing back up after the binance maintenance to 46800 resistance which was tested twice already.
Remember - the more time resistance is tested the weaker it becomes.
So don't short BTC on uptrend 😉 and here is the most awaited GOLDEN CROSSOVER, in the chart we can see the 50-Day EMA has touched the 200-Day EMA that will probably cross by tomorrow. Next, levels to watch are $48k->50k->51k.
If somehow that breakout attempt end up with rejection, pullback target zone stays the same $43k->42k.
Here's the Previous Analysis :-
