Pro Analysis
BTCUSD if we keep the bullish momentum, my next point of resistance will be 6500 - 6600...
BTCUSD
Tapped our 4HR bearish OB perfectly..
will wait for more price action as to anticipate next move.. Still looking good for bulls short-term as price closed the daily with a bullish engulfing, but i'm still not very convinced until we start closing above 6900.
Tapped our 4HR bearish OB perfectly..
will wait for more price action as to anticipate next move.. Still looking good for bulls short-term as price closed the daily with a bullish engulfing, but i'm still not very convinced until we start closing above 6900.
BTCUSD
Close below 6220, then i'm looking at 5900.. break below 5900 and i think 5300s next.. not looking so good for bulls here..
Close below 6220, then i'm looking at 5900.. break below 5900 and i think 5300s next.. not looking so good for bulls here..
BTCUSD
These slow grinds can be painful most times and lead to more downside.
These slow grinds can be painful most times and lead to more downside.
BTC looking good for 7800.. daily close above 6955 will be a good one for bulls..
BTCUSD
Not the kind of close i was expecting. This is Bitstamp chart.. Price SFP'd the previous high, finding resistance once again at the yearly open. Only thing bullish about this, is price closed above the daily OB but not enough reason to take a trade..
6500s is the support i'm looking at. Close below and i'm looking for lower prices.
Close above the yearly open and i expect a quick move to 7800 - 8000...
Not the kind of close i was expecting. This is Bitstamp chart.. Price SFP'd the previous high, finding resistance once again at the yearly open. Only thing bullish about this, is price closed above the daily OB but not enough reason to take a trade..
6500s is the support i'm looking at. Close below and i'm looking for lower prices.
Close above the yearly open and i expect a quick move to 7800 - 8000...