BTC is passed the Key levels of; 6630-7000. Sitting at 7100-7150.
Following the last 4 Hours chart, we can see that the bulls have been taking over. With an increase of 10%. Probably, We will watch the bulls taking control over the chart for the next 48 hours with a possible level up to 7400 - 7600.
Key levels to watch:
If we go below 7050 - Close any long position. If we can cross the 7300 - I will see this as an approval for a long position to 7500.
Comment
⋅
If you followed the chart in the last 4 hours; We have made it 7400 however, it didn't last for long. Volume is not doing any dramatic actions. Still keeping a close eye on the 7050 ; Shorting this position will is making sense to me. Bulls are still in control.
Comment
⋅
We are about to hit 7050. Long positions should be closed.