The Dude - BTC chart TA.
As price fades down below the 9 and 21-day EMAs, BTC displays another lower peak at 32500. (Yellow and green lines). The closest upside resistances on the 1D chart for BTC are now 32500 (recent high) and 40000. (May high & 200 EMA). Remember that as long as BTC is below 40000, the short-term trend is still negative, since price can continue to make lower highs.
The March high of 48300 must be broken above in order for the former macro-uptrend to resume, according to those focusing on longer-term structure.
Warning: If BTC closes below 30000, further fall is likely into the 27000 and 24000 levels. Be cautious, because if BTC fails to break above the major upside levels, most altcoins will likely continue to fall.
9 EMA: Yellow
21 EMA: GREEN
50 EMA: Blue
200 EMA: White
200 SMA: Orange
ALTCOINS :
Good Opportunity for DCA- Dollar Cost Averaging on the followings:
$METIS
$GLMR
$MOVR
$OGN
$EGLD
As Always #DYOR
