I believe we can see a push higher to $7,800USD level then a retracement down our short-term channel to above $7,000USD support. Once there, a retest of the resistance at $8,500USD.
Good luck trading!
Good luck trading!
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Day 2: Still within trading channel and will update once we leave it.
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Day 3: Volume is extremely weak here but we are still within our channel. A retest of either trend lines down or up may create momentum.
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Day 5?: I haven't been updating as much as I would like but looks like BTC is following exactly where I predicted on June 5th and prior to. I believe we will find STRONG support at $7,000 so place your buy orders around there and maybe below if you get lucky ;)
Good luck traders and keep following for updates!
Good luck traders and keep following for updates!