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Long BTC for now till we reach the blue area..
Bitcoin
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Long BTC for now till we reach the blue area..
By kktrader
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Dec 13, 2019
5
Dec 13, 2019
On Nov 22, Selling Climax - high volume and high spread and closing above midpoint
On Nov 25 & 28, demand is overcoming supply
From Nov 30 till Dec 13, we see low volume which means selling pressure is losing its force
For now we can assume that the trend is tentaively Bullish
Potential Supply Zone is the area covered by Oct 26 where we can see high volume where sellers came in
Trend Analysis
kktrader
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