Hello guys, I'll keep it very short.
85D EMA is a very good Indicator which helps in getting into longs and shorts for BTC.
You can see in the chart BTC is being supported at 85D EMA multiple times. It can help you to get into longs for the best possible price.
It also happens to be the liquidation points for high leveraged traders.
So if we break below EMA 85+ hoRIZONTAL SUPPORT LINE. I'll open short with a target of $7200.
My long bids are also placed there. IMO that the best Long Entry we can get.
Hope it helps.
Please hit that like button.
#PEACE
85D EMA is a very good Indicator which helps in getting into longs and shorts for BTC.
You can see in the chart BTC is being supported at 85D EMA multiple times. It can help you to get into longs for the best possible price.
It also happens to be the liquidation points for high leveraged traders.
So if we break below EMA 85+ hoRIZONTAL SUPPORT LINE. I'll open short with a target of $7200.
My long bids are also placed there. IMO that the best Long Entry we can get.
Hope it helps.
Please hit that like button.
#PEACE
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