- Daily Higher Low holds@ $6450,
- Bulls need to stays above $6500 and push through resistance @$6840-50.
- This plays out :D
- Selling pressure increases and $6450 breaks.
- Possibility of touching the low $6k is higher and then we'd have to zoom out to the Weekly to determine higher low.
- is at it's lowest.
- Support on the Daily is $6450.
- Bulls haven't given up yet and have been buying the dips.
- and are neutral.
Best Course of Action
- Stay on the sidelines and wait for a break in either direction and play the bounce.
Entered into a long position with BTC and ETH.