The first time since November 27, the price fully closed the daily at the level of 7200.
A fairly strong bearish signal within the current flat.
There is a clear test of this level, in the style of “knocking from below”.
If you have the opportunity to close today's daily agenda above 7200, then I think that a rally will follow to break through 7600. (All level quotes are from Bitfinex, there will be different price levels on other exchanges, but the candle format will always tell)
Like a couple of days ago, I am more inclined to test the level of 6800, toes do their work slowly but surely. MA 365 is currently above the daily candle, in the piggy bank for the scenario with the bottom test.
A fairly strong bearish signal within the current flat.
There is a clear test of this level, in the style of “knocking from below”.
If you have the opportunity to close today's daily agenda above 7200, then I think that a rally will follow to break through 7600. (All level quotes are from Bitfinex, there will be different price levels on other exchanges, but the candle format will always tell)
Like a couple of days ago, I am more inclined to test the level of 6800, toes do their work slowly but surely. MA 365 is currently above the daily candle, in the piggy bank for the scenario with the bottom test.
