BTCUSDT @37400 Weekly Update Nov 12 2023 #46
BTCUSDT @37400 Weekly Update Nov 12 2023 #46
Bulls are continuing their rally above the historical resistance (32K).
Price is now consolidating around 35-38k, and the 0.618fib 39-41K
The 3D21ema and the Weekly 21ema will be the two first line of defense for the bulls if any pull back takes place before the year ends.
Price have to take out the W21 and 3D21 before bears have any strong argument to flip the trend.
Bulls are continuing their rally above the historical resistance (32K).
Price is now consolidating around 35-38k, and the 0.618fib 39-41K
The 3D21ema and the Weekly 21ema will be the two first line of defense for the bulls if any pull back takes place before the year ends.
Price have to take out the W21 and 3D21 before bears have any strong argument to flip the trend.
