BTCUSD primed for a move higher, wait to go long at good demand.
Price Altitude: Middle
Daily Trend: Down/Range
4H Trend: Up
Analysis: daily demand is in control with the current downtrend turning into a range on the daily.
Prediction: continue to retrace into 4H demand inside daily.
Price Points of Interest:
4H demand inside daily @ 6086.2
4H supply inside daily @ 7001.0
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Daily Trend: Down/Range
4H Trend: Up
Analysis: daily demand is in control with the current downtrend turning into a range on the daily.
Prediction: continue to retrace into 4H demand inside daily.
Price Points of Interest:
4H demand inside daily @ 6086.2
4H supply inside daily @ 7001.0
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.