Bitcoin Price Movement Analysis-The multiple struggles to successfully cross the 55 days EMA continues

in #bitcoin3 years ago (edited)

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If the current candle closes in the next hour either below the 21 days EMA or anywhere within the $6300 ranges, we are likely to retest the $6000-$5800 levels since it would form either a bearish engulfing candle or a tweezer top pair.

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My previous post: https://steemit.com/bitcoin/@jpsarma/bitcoin-price-movement-analysis-unexpected-price-bounce-to-55-days-ema-what-next