#Bitcoin   

Importance of #EMA50

Liquidity pool at $32.000

the largest liquidity pool in the upside region got newly established in the area of $32.000.

If market allows to breakout above EMA50 and grab the liquidity at $32.000 I will heavily re enter into shorts My final target remains at $24.000 region I think market is awaiting CPI on Thursday, and PPI data on Friday.

🗓️ Important Events Next Week:

Monday: //
Tuesday: //
Wednesday: //
Thursday: CPI 🚨
Friday: PPI 🚨

When looking at the 50 and 200 EMAs, large caps are bullish on the weekly timeframe staying above both EMAs with bullish crossovers.

On the daily timeframe they are neutral to bearish remaining just below one or both EMAs but still showing a bullish crossover.

#emascreener #smascreener #EMA200 #EMA50 #EMAsUnderstanding

Higher timeframes matter. $BTC, $ETH, $BNB, and $SOL are all above 50/200 EMAs and bullish on the weekly timeframe.

#emascreener #EMA200 #EMA #EMA50 #EMAsUnderstanding

$BTC, $ETH, $SOL, and some other large caps closed yesterday's daily candle above both the 200 and 50 EMAs, indicating a fully bullish trend.

#EMA200 #EMA50 #emascreener #EMAsUnderstanding #EMA

$BTC, $ETH, and $SOL remain above both the 200 EMA and 50 EMA on the weekly timeframe, except for $ETH, which closed below the 50 EMA following the recent market crash.

#EMA50 #EMA200 #emascreener #EMAsUnderstanding