Proekt_73
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BTC, situation on the 5-minute time frame. To the skeptics - that's where all the big movements begin. Those who don't believe can take a look at the nightly candle, which from 110 000$ led the price down to $106,888. Within a unified downtrend on the 5-minute time frame according to our indicator.
What do we have now? A third attempt on the 5-minute time frame to reverse. The first two were weak, essentially in a range. After the second, we went for a substantial "refueling" from 107 600$ to $105,306.
Important trend lines that need to be overcome are indicated on the screenshot. But for now, the price hasn't even surpassed the EMA 50 on the 5-minute chart. It's trying. The positive aspect is that a larger part of the second dump has been absorbed. But until the price recovers above 107 600$ , it is definitely too early for the bulls to breathe.
What do we have now? A third attempt on the 5-minute time frame to reverse. The first two were weak, essentially in a range. After the second, we went for a substantial "refueling" from 107 600$ to $105,306.
Important trend lines that need to be overcome are indicated on the screenshot. But for now, the price hasn't even surpassed the EMA 50 on the 5-minute chart. It's trying. The positive aspect is that a larger part of the second dump has been absorbed. But until the price recovers above 107 600$ , it is definitely too early for the bulls to breathe.
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