BTC/USDT 4H analysis

2020年10月8日

BTCUSDT
Hello everyone.
As we can see :
- EMA 100 is resistance now !
- Rejected from EMA 100..
- Rejected from BB Basis
- MACD is slightly bearish
- Helical indicator had a failed bullish crossover and its being bearish again
- Bearish crossover on Stochastic
- Break support line on RSI
- Little resistance on chart which created a bottom flat triangle

Everything is bearish, So we can see a break on current support which we had a pullback from it, BUT EMA 100 catch the upward movement and reverse it.
Also we can see a support line on RSI and next 4H candle can confirm the movement !

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades