BitcoinLong
Devilish support on 6666.8
Tl;dr: Sideways, ALT's get a chance to breath, shorts getting lower and lower (bitmex)
Supports : 6585, 6600, 6625, 6666.8, 6681, 6692.
Resistance: 6700, 6732, 6766
**4h chart**
EMA 25 over EMA 100,
EMA 50 closing on EMA 100,
RSI Average ~50,
Closing up on upper of descending triangle.
**1d chart**
EMA 25 in the center of descending triangle + broken by trend line,
EMA 50 acting as "resistance" line,
EMA 100 showing signs of reversing,
RSI ~45.
Supports : 6585, 6600, 6625, 6666.8, 6681, 6692.
Resistance: 6700, 6732, 6766
**4h chart**
EMA 25 over EMA 100,
EMA 50 closing on EMA 100,
RSI Average ~50,
Closing up on upper of descending triangle.
**1d chart**
EMA 25 in the center of descending triangle + broken by trend line,
EMA 50 acting as "resistance" line,
EMA 100 showing signs of reversing,
RSI ~45.
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