You are viewing a single comment's thread from:

RE: Bitcoin rebounds off the EMA 50

Unfortunately, that EMA 50 did break down. But you're right and I see that inverse head and shoulders as well, which if it holds to form, we'll reverse around $9500 range and head up to the top of the downtrend channel for another retest. But I have a feeling we may go lower after all because the sentiment has changed overnight from bullish to bearish across the board, judging by what I've seen so far this morning.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 58696.98
ETH 2291.47
USDT 1.00
SBD 2.44