Minor trend was finally broken. Going to touch 7100. octobrrr
It is not the end of the bear market but it is a pretty good break out from 30 EMA.
First target 7100. Will see if it is possible to make double top at 7400.
I think that that move should be the last solid growth before 6000 resistance is broken.
First target 7100. Will see if it is possible to make double top at 7400.
I think that that move should be the last solid growth before 6000 resistance is broken.
Note
Seems like we are not going to test 7100. We just faking around 6600.We are moving up and down around 6600 without any attempt to move higher.
For now its pretty risky situation to hold BTC because I see such circle.
ALTS(XRP and so on)->BTC->USD.
BTC can break under 6400 where the bears will try short BTC.
In such periods its better to be in cash.
Order cancelled
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.