Time Frame: Daily
Predicted Direction: Long ( $7,250 Breakout Required )
Predicted Direction: Short ( $6,700 Rejection Required )
BTC .USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Although a minor pullback has occurred there is still clear bearish pressure.
Currently the same analysis as price continues to fail breaking through $6,700
I will update should their be any change :-)
Just updated for you.