A break and close above 12 EMA(yellow line) could signal a reversal. Blue dotted trend line holds as support. Another leg down still possible but trendline has been holding strong.
I predict prices to test 26 EMA (purple line) then 50 SMA weekly(green line) in the distant future.
Still alot of people skeptical about the state of BTC so there's low volume. Until then I'll keep a close eye.
I predict prices to test 26 EMA (purple line) then 50 SMA weekly(green line) in the distant future.
Still alot of people skeptical about the state of BTC so there's low volume. Until then I'll keep a close eye.