News

Invite your friend, gain the wage per transaction

Create wallet and store your cryptocurrency

Shop your supported cryptocurrencies in safety

Trade your supported cryptocurrencies in safety
Bitcoin, Ethereum and ripple wallet in doshalexchange

  BTC Bulls Continue to Hold EMA 12 4 hour Support

TheChartGuys
BTC bulls keep up the slow grind and control after a bear attempt last night was met with bullish buying.
We saw 5 minutes of bear breaks met with 30+ minutes of buying at the ask to push the price to the highest levels in a couple days.
This is not the first time buying of the dip has saved EMA12 support on the 4 hour in the last few days.
Everyone is still watching weekly resistance $4,239 as we continue to get closer.
Volume will be key in determining the kind of follow through to be expected if we do break.
Some are not comfortable with a bull entry on this resistance break for BTC .
I must admit the last few months have me in the same place, but I do have my "Anti-FOMO" LTC positions which were entered in the last couple days. This is a smaller position but intended to give some of the action if the bulls are able to pull it off.
If not, a loss of the daily uptrend will be a small loss to be back to all cash patiently waiting.
Bears are going to be potentially top fishing this weekly resistance, and entering short in the upper $4,100s.



  Total visitors count:  20