Enkelin

Bitcoin. Weakness of sellers

Enkelin Updated   
BITFINEX:BTCUSD   Bitcoin
Local lows are increasing, buyers are pressing the price to the level. A triangle with a flat top signifies the weakness of sellers - their resistance is less and less.
Comment:
Support 6200. The price will rise now, or after a false breakdown of 6200
Comment:
The price moves from stop-loss to stop-loss. Major players are interested in the areas of maximum liquidity. 6800 - not so attractive level for large players. Because most traders put stop-loss for local highs and lows. 7140 is a local maximum - behind it there is good liquidity. And if the price goes up, then at 6800 it will stop only for a while.
Comment:
The price has reached the level of 6800.

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