Decision time

12 thg 7, 2020

It seems that this is very important situation and BTC is on the edge of downtrend line (green line). RSI seems to be bearish and I don't like to see this bad OBV so indicators are telling me that there is enough strenght for attacking 10,000. If price don't fall in blue box we ca expect some bullish moves. Next zones where I see some rejection are between 9500-9750 and there need to be broken before serious attack of 10,000. On the other hand if we see price in blue box it is likely to test 8800 again.

15 thg 7, 2020

Ghi chú

If we don't see 9400 broken soon probably the price won't hold this 9200 resistance and we might see some accumulation in the blue box before some new attempts before going up.

21 thg 7, 2020

Ghi chú

This seems like attack to 9400. Volume is still not good enough for breaking 10,000 but RSI is better and we could see attacking 10,000.
-In bullish scenario we want to see 9400 broken and turned into support. That would be first step to 10,000 and it will be good to see volume to grow.
-If we don't see 9400 turned into support that would probably lead us to losing 9,100 support or maybe even 8700-8800.