š $BTC 1H Market surface shows no official signals yet.
Price is hovering around the 84967 level; below it, the three EMAs are lined up neatly.
EMA144 is holding at 84365, EMA169 at 84265, and EMA233 at 83969.
The three lines are squeezed togetherāwho gets stepped on first will determine which way the next leg goes.
The trend is still in the hands of the bulls; the structure hasnāt broken, and volume at 1.10x is also within normal range.
š But momentum is flat, and the rhythm is a pullbackānot a sprint.
RSI 53.4 is hanging in the middle, neither cold nor hot.
The biggest issue on the current chart isnāt that the direction is wrongāit's that the main line hasnāt chosen a side yet.
Above 84967, either increase volume to push higher, or youāll need to retest/step through the three EMAs below before thereās a real chance.
Watch 84365 and 84265āwhichever one breaks first will be the direction marker for the next move.
Add it to your watchlist, wait for confirmationāno rush.
ā ļø N.F.A. For reference only.šļø
#BTC #ETH $BTC $ETH
Price is hovering around the 84967 level; below it, the three EMAs are lined up neatly.
EMA144 is holding at 84365, EMA169 at 84265, and EMA233 at 83969.
The three lines are squeezed togetherāwho gets stepped on first will determine which way the next leg goes.
The trend is still in the hands of the bulls; the structure hasnāt broken, and volume at 1.10x is also within normal range.
š But momentum is flat, and the rhythm is a pullbackānot a sprint.
RSI 53.4 is hanging in the middle, neither cold nor hot.
The biggest issue on the current chart isnāt that the direction is wrongāit's that the main line hasnāt chosen a side yet.
Above 84967, either increase volume to push higher, or youāll need to retest/step through the three EMAs below before thereās a real chance.
Watch 84365 and 84265āwhichever one breaks first will be the direction marker for the next move.
Add it to your watchlist, wait for confirmationāno rush.
ā ļø N.F.A. For reference only.šļø
#BTC #ETH $BTC $ETH