AlphaTradeZone

Bitcoin Technical Analysis - 05.02.2019

BITFINEX:BTCUSD   Bitcoin
Bitcoin is grinding slowly up to the EQ level, rejecting it quite a few times.
The EQ is now the major resistance that BTC has to face. Closing above would be a good scalp long opportunity to long the retest of the level.
Note 2 factors that indicate bearish bias.
- Liquidity bellow (marked as "x")
- Declining volume on this small rally

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