3.5 Day MA resistance, indicate 6+ hours of downward pressure.

BITSTAMP:BTCUSD30

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jul 2, 2019 9:05 PM

Temporarily short, invalidated at 11.4k

Comment

⋅ Jul 3, 2019 2:34 PM

mistake.
should have considered daily candle, required 10.5k level to track downwards
did not factor in and strong positive reaction to EOD green candle pushed upwards

Trend Analysis