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AlphaTradeZone
Feb 5, 2019 9:09 PM

Bitcoin Technical Analysis - 05.02.2019 

Bitcoin / DollarBitfinex

Description

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
Comments
Boon2
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