BTC 7000 to 6500 then what?

1 thg 7, 2018

BTC will certainly have another leg up towards 7000$ from there I think the selling pressure will force btc to pullback to 6500, we need to see a daily higher low to form in the 6500 area to have a shift in the downtrend.

1 thg 7, 2018

Ghi chú

the daily chart so my trendlines make more sense.

1 thg 7, 2018

Ghi chú

If you're in a position i would recommand a stop loss around 6290, if you are waiting to make an entry you can put a stop loss buy order around 6410.

1 thg 7, 2018

Ghi chú

out of the triangle, currently testing support, it could drop as low as 6130 but it could very well be one more fakeout cause there was a lot latelly. A confirmation for this fakeout would be to get quickly above 6340 in the next hours.

2 thg 7, 2018

Ghi chú

waiting for this pattern to break, I think it will happen very shortly. Still looking at 7000 to be the next resistance.

2 thg 7, 2018

Ghi chú

looking pretty gound right now, need volume to be really convicing.

2 thg 7, 2018

Ghi chú

currently facing a little bit of resistance at the latest sell target of yesterday, should break it to the upside.