BTC Market Structure Summary

BTC Market Structure Summary

8eTPiL - BTC Market Structure Summary

DTF
EMAs have confluenced
200 EMA is support
Fib .50 is resistance
Fib .61 is support
Heavy cloud resistance
Stoch RSI is going into oversold region, weak market
Need big volume to break multiple resistance levels

Overall on short term, we might see a drop but it seems to be setting the things for big run in coming days or weeks.

Published at Sun, 10 Nov 2019 05:25:15 +0000

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