Description
⋅ If Bitcoin can stay above this yellow area there is pretty good bullish setup. This is a final step for the reversal. 6842 also important.
Comment
⋅ Dangerous movements ffrom Bitcoin
Comment
⋅ Now price is 6720. Staying here is not good.
Comment
⋅ We are in the yellow area. I am not bullish at this area.
Comment
⋅ Well not in but at the edge. Bulls are trying to defend.
Comment
⋅ Trade closed manually
⋅ Comment
⋅ Right now price is 6725 but defending yellow area is not enough for bull scenario. Time wise correction is near and we couldn't reach 6850.
Comment
⋅ 6 hour later we still didn't dropped. Is this the time for the 6850 challange?
Trade active
⋅ Comment
⋅ Again we are at yellow area. No trade zone for me.
Trade active
⋅ Comment
⋅ Look how perfect working this yellow area :D That is why i was not stay at bitcoin in yellow area.
Comment
⋅ Also we are seeing support turned resistance
Comment
⋅ Now using triangle as a support
Trade closed manually
⋅ I was not even looking at charts because after the yellow area triangle was not as supportive. So we break down triangle. End of analysis.