Btc update bulls fighting for emas on daily and using as support
Our long is going to be 87.3 into 90k its a much larger position but I will explain why.
On daily you can see 86.5 is a clear resistance but we have tested that level multiple times now. We had a fakeout situation (assuming we hold above emas) trapping shorts and that is the momentum we need this week if we push back above for the squeeze
This will be a large squeeze and we have seen range breaks before so set alerts we don’t want to miss.
BULLS NEED TO HOLD EMAS TODAY if we lose and break below again this down trend is not done.
Post #16865
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Pingu Charts Good morning. Btc update we rejected off emas and bears are still in control Weekend volume now so we won’t be trading but things to look for this weekend is to see if bulls can try to get above 83.4 we would have a V shape recovery then and momentum to take…
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