$BTC
BTC is at 74,300 and now sits under the 200 EMA on both the 4h and the daily chart. This is the kind of move people only notice after it is too late.
4H: The 200 EMA is at 79,100. BTC got rejected from it on Nov 5 and has been bleeding since.
Daily: The 200 EMA is at 76,400. BTC held it for months, and now the daily candles are closing below it.
When both timeframes break together, things can move fast ⚡. A small bounce to 76,400 is possible, but if sellers defend it, the next stop I am watching is 71,700 🎯
Those who wait for "confirmation" often enter when the move is already done. Stay alert and have your plan ready now 👀
Not financial advice. DYOR.
#BTC #Bitcoin #CryptoTrading
BTC is at 74,300 and now sits under the 200 EMA on both the 4h and the daily chart. This is the kind of move people only notice after it is too late.
4H: The 200 EMA is at 79,100. BTC got rejected from it on Nov 5 and has been bleeding since.
Daily: The 200 EMA is at 76,400. BTC held it for months, and now the daily candles are closing below it.
When both timeframes break together, things can move fast ⚡. A small bounce to 76,400 is possible, but if sellers defend it, the next stop I am watching is 71,700 🎯
Those who wait for "confirmation" often enter when the move is already done. Stay alert and have your plan ready now 👀
Not financial advice. DYOR.
#BTC #Bitcoin #CryptoTrading
