Topics discussed:
Price and OBV 15m sideways movement. Sideways ranging here. No trade zone.
4h sideways block in price (horizontal 6575 s/r). If this breaks, look for 6400s next
\u2028If price drops further, look for $6120 to be touched again, buyers clearly sitting there but is that area weakening?
4h td top on 13 and ic cloud\u2028Big demand pool under $5500 (new buyers, new demand), terminal shakeout\u2028 could be incoming
BLX chart, price flipping on the weekly. Weekly time frame is telling you for the last month there is no buy signal
Weekly chart 200MA tells you that it has been significant support back in 2015 and price caught floor there and moved on up. Currently that lies around $3000 levels
$5500 would be my next target as that is where the last weekly support was in 2017 before price took off to 20k + 100MA weekly is right at that area currently
If you have any questions, shoot them my way. Always happy to help!