Bitcoin Swing to the Bulls?

Finding some support around 6500, its possible this might be the swing zone into a bull run pullback to wedge break zone resistance. If wave 1 holds and the pullback does not break structure i will be looking for a few day bull run up to said levels. I was expecting it to hit 6500 round number or 6000 before the bulls could accumulate whats needed to rally for multiple days. I will be watching closely to see what Bitcoin does over the next few days at this important zone.

Note

Momentum is still bearish with a nice abcd harmonic about the close . expecting a pullback and a test of structure

Note

if the next pull back does not break the previous point D, a possible inverse head and shoulders would give a neckline around 7200 at upper channel resistance

davistradingforex

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davistradingforex

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