Recent bearish consolidation after BTC pump & failure to break 10K resistance. There are a few areas to look out for. Bearish sentiment over past few days could indicate drop towards 730 support or further drop towards 650. Increase in lacking volume could signal an upwards breakout to test 800 sats, confirmed channel reversal by 830 resistance test. Breakout beyond 830-840 could lead the way to 930-950. Again, I believe this lies heavily on an increase in volume and BTC trading sideways for a bit.
Due to news of Traffic Junkie partnership & halving on the 9th, this could pick up quickly.. Being a novice, I am waiting for a move one way or another to decide my strategy. Also, being a novice, take this all with a grain of salt.
Happy Trading.
-Shneal
Due to news of Traffic Junkie partnership & halving on the 9th, this could pick up quickly.. Being a novice, I am waiting for a move one way or another to decide my strategy. Also, being a novice, take this all with a grain of salt.
Happy Trading.
-Shneal