This will be a solo idea, it might support my previous ideas, but is not the point right now. For me it is doing the same thing it did from April to May, I will be expecting a high leg right now, I am still holding my target in the 6.8-6.9k area, (It hasn't been broken) this is my Biggest resistance and I think is the most important one right now. It could go to the 7kish and above only if it breaks and close above this resistance, that's why I would be putting a Stop loss very close to this point.
Worst case scenario it could Test 6.4k support again.
ESPAÑOL:
Esta es una idea solitaria, puede sustentar ideas previas, pero no es el punto en este momento. Para mi, esta haciendo lo mismo que hizo de Abril a Mayo, estoy esperando un máximo de buena longitud en este movimiento, mantengo mi target en el area de los 6.8-6.9k (aun no lo ha roto) esta es mi Resistencia mas grande y pienso que es la mas importante por ahora. Podrá ir a los 7k y seguir por encima solo si rompe y cierra por encima de la resistencia, por eso coloco un SL cerca de este punto.
En el peor de los escenarios, Testeará de nuevo los 6.4k
@G0ldenross Btc have not enough power to go trought that lvls yeap thats why its pushed lower to raise up srtonger :P
cmorak2
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SultanAlsubhi
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I believe the BTC will hit the $7000 soon and this price point will be the good start to fly above $10000.
G0ldenross
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@SultanAlsubhi, well let's see what happens, I'm open for many opinions, I only don't see BTC going to 10k in a month nor two. But Market change everyday.
CryptoNerkiz
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Nop i dont think so on one week its looking bullish :P we need 6850
G0ldenross
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@CryptoNerkiz, Yeah you are right, but in my analysis the far it can go is 8.2kish in a 1W TF.... This one I just tried to compared similarities on the market, and highlight the phase we are in (accumulation), it can retest the support again before going to 8k IF it goes so far as that.
by the way I'm agree we need 6.85k ^_^
CryptoNerkiz
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@G0ldenross, Hehe it will come in my op we go to 8.2 8.4 zone end then 5.8 :P