It may be due to the Dodgey that took place in the past 8 hours and the market is uncertain, although it can pass through the 50-day canal, but goes down to a range of 6278, 6200 and then 6160. This fall could be a continuation of the 20-day flagship.
It is building a flag. The flag that started after 2 days ago. The end of this flag may be bullish. In the same vein, there is a resistance of 6155 and 6200. Also, there is a support line of 5900 at the bottom of the 40-day channel.
Yesterday, following a divergence and a pump, it returned to the descending channel. Now, between the bottom of the descending flag that lasts eleven days and the bottom of the down channel that is forty days old has been stuck. The strong resistance of the 6300 is ahead. He himself creates a flagship between these two streams.
Wait for further analysis.
Compare these two charts together. RSI formation after about three years has passed since its last powerful item. At that time, during the quarter, Bitcoin raised $ 210 to $ 410.
After a short break, it will try again to break down the down channel. On the other hand, the Bullish Harami pattern has been formed and the trend has calmed down.
