BTC is coming into the MAJOR buy zone around 6550! Might be a good idea to go long at this level, that is if we even touch down on it, which I think we will. However, if it does manage to break about 6400, MAJOR downside is coming. Something BIG is coming either way and SOON! I believe it's the first option and at the least, we will see one hell of a bounce! It's also prematurely beneath weekly support. Not saying to go long at this exact moment! Patience!!!
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It looks like 6400 is being broken and we're going to see some bad downside to 5k.
It looks like 6400 is being broken and we're going to see some bad downside to 5k.
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Definitely got a bounce, but technical still look weak. We`ll have to watch closely over the next few days.
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Are seeing a bit of a reversal on the 8hr. Overall the situation is pretty gash though. We're right back down on major support just that. Just no good for an entry.
Are seeing a bit of a reversal on the 8hr. Overall the situation is pretty gash though. We're right back down on major support just that. Just no good for an entry.
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Broke upwards rather suddenly/violently and touched weekly resistance perfectly. If we can actually break that weekly resistance, it will absolutely soar higher, though I seriously doubt we're ready for that yet.
Broke upwards rather suddenly/violently and touched weekly resistance perfectly. If we can actually break that weekly resistance, it will absolutely soar higher, though I seriously doubt we're ready for that yet.
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I've opened a partial long.
It has touched down into the buy zone, but I'm waiting to see what happens next. The 3 day has some ugly looking Bollinger bands. Stay safe here.