Nothing interesting happens on the market, Bitcoin doesn't let anything start uptrend. That's why I don't post this often. There are a lot of coins which are ready for the flight to the moon, such as ADA. But I don't like buy dip and wait till it goes up. I like to wait for the confirmation of trend. Sometimes the gain is not that big, then when you actually managed to catch the dip. But risks are lower as well. So I prefer swing trading.
Back to our chart. We managed to bounce from the bottom line of our support zone, but then bears accumulated power to go through it with one good 6H candle. Look at the volume. And now, really important for us level is 6428 USD. Which we bounced from earlier, on the last two dips 02-06 and 04-01. If we are breaking this level, then news are really bad.
We have a strong downtrend since 06-10. Look how far down AO went. And BB is showing a sack.
And we might have a flag here, so be careful.
Don't take risks, wait for the confirmation of trend. Please leave a like and follow, let's make money together! Thank you!