Bitcoin accelerates lower after rejection by 55 H EMA, on track to 30635 support

<p>Bitcoin’s decline from 37936 continues and accelerates lower today. The rejections by both 4 hour 55 EMA and 55 H EMA affirm near term bearishness. We’re holding on to the view that corrective pattern from 41964 is still extending, with fall from 40000 as the third leg. Deeper decline remains expected as long as 35669 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/354842-bitcoin-accelerates-lower-after-rejection-by-55-h-ema-on-track-to-30635-support/">Bitcoin accelerates lower after rejection by 55 H EMA, on track to 30635 support</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *