Bitcoin Keeps Stalling A Move To The Downside − 稼げる投資系口コミ情報サイト【Trade Center】

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Bitcoin Keeps Stalling A Move To The Downside

Bitcoin (BTC) has closed the day above the 50 day EMA unlike Ethereum (ETH) which ended up closing below the 200 day EMA. This could be an indicator of further downside to come even though BTC/USD keeps on stalling a move to the downside. However, it keeps on revisiting the 50 day EMA and the more it keeps on testing it, the more it risks falling below it. Bitcoin (BTC) has begun the day in red and it could fall below the 50 day EMA if the price fails to recover quickly from here. The price is at a turning point and the bullish momentum keeps fading away. If we take a look at Ethereum (ETH), it is likely to breakout of a pennant on the 1H chart most likely within the next six hours. The RSI supports this move as we see an established downtrend.

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