BTCUSD
After another 24hr in bitcoin, it's not looking any better just yet.
On the daily, we've pierced demand yet again, with a near perfect touch of the 61.8 fibs, with no new higher highs occurring.
Sentiment remains the same from yesterday, although things aren't looking any better for the bulls at this stage.
This daily doji represents indecision in the market right now, so until such time as we get a clear break into the cloud, or above our supply zone, we remain neutral.
This area NEEDS to hold..
After another 24hr in bitcoin, it's not looking any better just yet.
On the daily, we've pierced demand yet again, with a near perfect touch of the 61.8 fibs, with no new higher highs occurring.
Sentiment remains the same from yesterday, although things aren't looking any better for the bulls at this stage.
This daily doji represents indecision in the market right now, so until such time as we get a clear break into the cloud, or above our supply zone, we remain neutral.
This area NEEDS to hold..