#BTC
👉EMA and SMA
- EMA 200 (orange): 153,538,017.8
- EMA 89 (purple): 154,052,596.5
- EMA 34 (blue): 150,514,770.6
- SMA 9 (green): Not displayed specifically
👉 Trading volume
Current trading volume is 1,596.18 billion VNDC, showing that the market is active.
👉Price trend
- The price is in a downtrend, shown by the short-term EMA lines (34, 89) and long-term (200) are both decreasing.
- The current price (1,407,561,600 VNDC) is below the EMA lines, showing that the downtrend is continuing.
👉Candlestick Chart
- Current and recent candles show strong selling pressure, with red candles dominating.
- There are green candles showing a slight recovery, but overall the downtrend is still dominant.
👉Conclusion
- Current trend: Down
- Short-term recommendation: If you are looking for a buying opportunity, you can wait a little longer to determine the bottom point. If you are holding, you can consider selling to avoid further losses.
Have a nice day everyone🌹#BTC☀