CRYPTO Pullback Still Holding Daily EMA SupportssteemCreated with Sketch.

in #bitcoin6 years ago

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This pullback is a bit unexpected. I woke up and was a little surprised to see the current conditions. This is a reason why it's always important to have stop losses. However, there's still some signs of growth.

The crypto markets are holding on the daily EMA supports. Since most of them are just on the beginning of reversing, this is still a good sign and we'll be looking for prices to hold closes above these supports in order to keep the EMA levels on track to flip bullish fully.

We'll be keeping an update, but if I had to guess, we're seeing the max of this move right now -- consolidation coming, or oversold bounce.

Hope you all have a great Sunday!

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Thanks for posting the update

Thanks a lot!

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