Greetings!
As we start a new month of July we had a good bit of volume right after the normal markets closed late on Friday evening and as soon as the monthly futures expired, i called the 29th as a movement date and got it 100% spot on
Bitcoin got pushed up to 6500 areas and settle between 6300 and 6450 during the weekend
really still need to see signs of bullishness to get up and over $7k this week, new monthly furtures open on 2nd July
So for this monthly roadmap we got these deep supply and demand zones in yellow, a recent fib retracement in yellow lines and the bigger fib is from the all time high back in Dec.
Daily chart is looking better than the monthly and weekly, might get some bull moves but has to be big volume otherwise we could see retests of the lows from last month, RSI looks good for more gains as we start the week
have a wonderful July and good trades to you all
if you like come join us on our very active chat for daily news, trades, banter and trollbox antics, link is below....
As we start a new month of July we had a good bit of volume right after the normal markets closed late on Friday evening and as soon as the monthly futures expired, i called the 29th as a movement date and got it 100% spot on
Bitcoin got pushed up to 6500 areas and settle between 6300 and 6450 during the weekend
really still need to see signs of bullishness to get up and over $7k this week, new monthly furtures open on 2nd July
So for this monthly roadmap we got these deep supply and demand zones in yellow, a recent fib retracement in yellow lines and the bigger fib is from the all time high back in Dec.
Daily chart is looking better than the monthly and weekly, might get some bull moves but has to be big volume otherwise we could see retests of the lows from last month, RSI looks good for more gains as we start the week
have a wonderful July and good trades to you all
if you like come join us on our very active chat for daily news, trades, banter and trollbox antics, link is below....
Note
4hr chartgood moves
but still need to close above 6800 and move up the ganns
Note
Trade active
shorted from 6700 down to a potential of 6200
lots of demand in the yellow zone
Note
rising wedge formingTrade active
im seeing 6k before 7k, just incase ur wondering
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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.
Related publications
Disclaimer
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.