## BTC/USD Monthly View In the end I left both the descending trend lines in place (body-to-body & wick-to-wick), to have an accurate view. We're currently trying to push above the first one and find resistance at the 0.382 ($9440) Fibonacci level. So far we're good; it looks like we try to respect the previous pattern of having at least a candle wick to the the upper trend-line.

_{[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmVTe98B7QFSAV7dqinaRqT7uhngfHDmHvGfb14zif8mgJ/btcmonthlynow.png)}

![btcmonthlynow.png](https://cdn.steemitimages.com/DQmVTe98B7QFSAV7dqinaRqT7uhngfHDmHvGfb14zif8mgJ/btcmonthlynow.png) ## BTC/USD Daily View On the daily, we're approaching the previous local high again and a strong fight is going on. We could see Bitcoin correcting to the 21 EMA (yellow) again and ride along it to the upside. For now, we have a MACD rejection at the signal line and descending trading volume.

_{[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmXAyLqk4yMr8SxpiFJ14Vede1DiNTMMZzhKcfFQsTDF3T/btcdaily.png)}

![btcdaily.png](https://cdn.steemitimages.com/DQmXAyLqk4yMr8SxpiFJ14Vede1DiNTMMZzhKcfFQsTDF3T/btcdaily.png) ![steem line 2.png](https://cdn.steemitimages.com/DQmYcTYvf6NrTJYQQgWebpedjuzpoRKc2WdAdHpuaY6Z1mv/steem%20line%202.png) ![](https://cdn.steemitimages.com/DQmYdJxHtrns6waecoP7wLGCy9ToPPiygHWGq2jUmoBfnGk/mywolf.gif) --- ### **Thanks for reading and safe trading!**✌ #### **If you find this post useful, please:** ![](https://cdn.steemitimages.com/DQmdzruKqt4wz2eGto3kRuzxhkJAqRceor9vL9d1p9FWY5s/aezakmi%20gif.gif)