DenisRisticFX

BTCUSD primed for a move higher, wait to go long at good demand.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Price Altitude: Middle
Daily Trend: Down/Range
4H Trend: Up

Analysis: daily demand is in control with the current downtrend turning into a range on the daily.

Prediction: continue to retrace into 4H demand inside daily.

Price Points of Interest:
4H demand inside daily @ 6086.2
4H supply inside daily @ 7001.0

This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Supply and Demand is everything in this business.
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