First tradingview post ever!
Bitcoin is currently ranging between $6220 to $6530 range ever since the big candle on the 15th of October. The price i am currently looking at is $6380, that is 50% price point of the current bitcoin range. There i am looking for either a bounce of that level to breakout of 6530$ level and and look to test the resistance at $6700, on the other hand if price fails to bounce from $6380 we are looking at a breakdown to test $6220 support level! Ichimoku is not telling me much we are currently trading above the cloud and should be bullish, but the recent tk cross is bearish!
Feedback much appreciated if anyone ever finds this!
Bitcoin is currently ranging between $6220 to $6530 range ever since the big candle on the 15th of October. The price i am currently looking at is $6380, that is 50% price point of the current bitcoin range. There i am looking for either a bounce of that level to breakout of 6530$ level and and look to test the resistance at $6700, on the other hand if price fails to bounce from $6380 we are looking at a breakdown to test $6220 support level! Ichimoku is not telling me much we are currently trading above the cloud and should be bullish, but the recent tk cross is bearish!
Feedback much appreciated if anyone ever finds this!