Time Frame: Daily
Predicted Direction: Long
BTC .USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Currently price is floating sideways, given that we have technically closed above the descending trendline with no bullish impulse is a warning sign for any long opportunities.
Personally i am sitting back watching price day by day as there is no clear direction to trade as of right now.
The 4hr TF is now producing a short opportunity should price break $6,600.
I will await a break & retest prior to a short opportunity.
I hope others we able to take advantage.
Look at his charts
Posted in the comments section.