YMI

BTC Analysis

YMI Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD Liking the bullish movement that is occurring on BTC at the moment. Currently i am expecting a retest of the $8000 price region before further movement downwards to the $6500 price support.
Trade active:
For you folks watching at home BTC just rejected my resistance level at $7790. The bearish sentiment is strong depending on how today's candle closes. I will look to update my next projection later this afternoon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.