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elitealpha
Sep 7, 2018 5:17 PM

Bitcoin 4 Hr Update 

Bitcoin / United States DollarCoinbase

Description

Some more sideway momentums
Bulls and bears are fighting to break that $6400 Major Support

Watch for:
- Flag is forming (can go either way based on volume ,momentum, etc)
- Symmetrical triangle forming (can go either way based on volume ,momentum, etc)
- All oscillator indicators are indicating bearish momentum
- Candles are way below the BB

Overall action:
- I cant see $6400 support holding
- We are closer to the .786 Fib than the .618 Fib
- If we can't hold $6400, I see $5900 as the next $
Comments
JohanCryptocurrent
Thanks Connor!
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