BTC 1H analysis update 8
Hi; AS my ideas 1H update continued , BTC is in correction mode and now is moving in a triangle with two support line.
EMA 100 and 200 and 50 also will support BTC in moving down and EMA 20 is doing as a resistance line.
in this algorithm triangle is doing as a continued wedge and I think the price will break out from top of triangle.
The price is in the komo cloud so needs more correction.
Every thing might be possible , so pls. be careful on get position.
Any position must be after moving out of triangle.
if you agree my idea pls. like.
Many thanks of your following.
EMA 100 and 200 and 50 also will support BTC in moving down and EMA 20 is doing as a resistance line.
in this algorithm triangle is doing as a continued wedge and I think the price will break out from top of triangle.
The price is in the komo cloud so needs more correction.
Every thing might be possible , so pls. be careful on get position.
Any position must be after moving out of triangle.
if you agree my idea pls. like.
Many thanks of your following.
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