last night technical rebound at $6,800 level and today morning $7,100 resistance confirmed support - buy / resistance - sell that easy trading perfectly works currently
BTC $6,800 support means a lot until previoues low not broken, it looks worth to hodl
as ranging time prolonged and buy zone's near diluting the volume chances are more likely to price go up
BTC hold strong support one possible bear trap would confirm its upward trend again
If day chart can't hold $7,000, recent breakout turned out to be bull trap
Not only price curve but oscillator also toward upward trend there might be no more accumulation in need
both Alts and BTC move HH-HL in above 4hours frame Participants phychological mind tends to buy as long as upward trend not broken forming critical support at $6,800 - $7,000
breakout with continuing hours uptrend fail with long term resistance and continuing days downtrend result may come out in a few days
IMPULSE -> RANGING > INPULSE -> RANGING what's noticeable was currently long was applicable as long's target not reached short is likely catch up the dominance of market from hence
I know that there is no such thing as 100% but it is really NOT EASY TO HAVE BULLISH IDEA AT THIS PLACE
WHO CAN CAPTURE OPPORTUNITY ?
Alt didn't enjoyed much yet they also got desire * caution : even BTC breakout and soar, only means big bullish trap