BTC: no strength to break a downtrend line

Bitcoin / U.S. dollarBitstamp

Description

⋅ Sep 6, 2019 6:29 PM

Note how BTC has no strength to break a downtrend line (attempts circled in black). Let's wait for the end of the day.

For the other side note how the 9.1~9.3k support zone is strong (blue arrows).

Trend Analysis BTCUSD