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BTCUSD short for now
Atualizado
BTC hitting strong resistance @ 6900 USD
Testing resistance around 7200 USD multiple times
Death cross 100/200 SMA on the daily
Ichmoku cloud showing resistance on the daily
however, bullish on the higher time frames as we might break this resistance in the coming weeks
Testing resistance around 7200 USD multiple times
Death cross 100/200 SMA on the daily
Ichmoku cloud showing resistance on the daily
however, bullish on the higher time frames as we might break this resistance in the coming weeks
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TP 5600 USD possible long hunter wicks to the upsideNota
strong overhead resistance @ 7400Nota
BTC macro structure outlook-- appears to be forming falling wedge
-- getting heavy resistance from the 0.382 fib retrace
-- above a daily 9 based on TD sequential
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Macro view on the dailyNota
hopefully we wont go this low but certainly a possibility given the continuation pattern for a falling wedgeNota
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broke out of the rising wedgeforming lower highs in a downward channel
let's see if we can break through the 7200 region first
otherwise, its more downward price action from here
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lower half of rising channel or upper half of falling channelonly time will tell
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same fractals in play hereNota
broke out of ascending channel but getting resistance from .618 fibNota
rejected by key resistance @ 9400 and back in the rising channel high probability of more downside action to back test the initial break outNota
uptrend continuation or new downtrend?
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