My opinion on the next few days of Bitcoin
I noticed that the moving average line is falling, it seems imperceptible, but it is falling.
and I noticed that it has strong resistance near the US$26,000 range, and has been like that for a few days, it briefly broke the resistance, but as it was in a downward trend it was unable to stay above US$26,000.
analyzing the last 3 candles, I noticed that the third to last one hit the floor line and rose again, however in the second to last one it practically hit the resistance and plummeted leaving a huge wick, this combined with the low moving average is not a good indication for the next few days , I believe it will fall even further and probably break the suport line.
Making it clear that I am not an expert on the subject, I am just a beginner in this matter, but every time I noticed this moving average combined with a candle with a long wick, it always broke the support line.
Anyone who can give me some tips on cryptocurrency trends, I'll be grateful. All help is welcome, I hope to be good at this someday hehe ;)
Thank You
I thank everyone who viewed my post. Your attention is very valuable and encourages my interest in learning more about cryptocurrencies. Together, we are building a path of knowledge. Thank you very much! 😊🙏
