Bulls or Bears?
As bulls are trying to hold price above 20Days EMA, i.e 47378$, bears are trying sink price below it
So in that case, price can drops to 42450$. A rebound of this level, could indicate that bulls are in play again.
Otherwise, rebounds of the current level or 50Day Moving Average, could indicate pulls are trying to push back the price upto 50500$ and 52920$
So in that case, price can drops to 42450$. A rebound of this level, could indicate that bulls are in play again.
Otherwise, rebounds of the current level or 50Day Moving Average, could indicate pulls are trying to push back the price upto 50500$ and 52920$
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