BTC Bitcoin: EMA Ribbons and 200 SMA
Hello friends, today you can review the technical analysis idea on a 1H, 4H and 1D linear scale chart for the Bitcoin (BTC).
These charts are showing the EMA (Exponential Moving Average) Ribbons as well as the 200 SMA (Moving Average). I am showing the different timeframes to show that the price needs to get back inside and above the EMA Ribbons to show any side of upside. Also the 200 SMA is holding support at the moment.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
These charts are showing the EMA (Exponential Moving Average) Ribbons as well as the 200 SMA (Moving Average). I am showing the different timeframes to show that the price needs to get back inside and above the EMA Ribbons to show any side of upside. Also the 200 SMA is holding support at the moment.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
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