Technical analysis by SwallowAcademy about Symbol BTC: Buy recommendation (18 hour ago)

After the deep downside trend we had on the Bitcoin, the price formed a decent market structure break (MSB), which reached the 100EMA and then went for a retest. Now after the retest we are seeing a decent movement forming and price recovery happening, which can lead the price back to 100 EMA and then possibly break it as well. Monday was bloody but the rest of the week should be green! Swallow Academy