Hey guys,
Of course, we're digging at BTCUSD charts, to have some predictions about price actions, making decisions about trading with Altcoins, future momentum of sentiments, etc.
I'ld like to have some additives, which might help you to deal with trading whether BTC or altcoins.
Please refer below chart -
First - BTC is gonna hit $7k soon & friends, I believe its new setup of resistance till date & but, don't expect price will go above 7.5k. As pro trader all we've to make predictions firm about resistance/support. That's point where we've sell BTC, as correction will definitely begins from that price level towards at least $5k.
Second, you might have observed or not I don't know, 50EMA in this chart is trending high apart from 200EMA, which signifies the momentum what we can after this correction will be tremendous & it should hit $10k+ within few months.
Hope it helps.
Thanks.