BTC 7000 to 6500 then what?

1 Jul 2018

BTC will certainly have another leg up towards 7000$ from there I think the selling pressure will force btc to pullback to 6500, we need to see a daily higher low to form in the 6500 area to have a shift in the downtrend.

1 Jul 2018

Nota

the daily chart so my trendlines make more sense.

1 Jul 2018

Nota

If you're in a position i would recommand a stop loss around 6290, if you are waiting to make an entry you can put a stop loss buy order around 6410.

1 Jul 2018

Nota

out of the triangle, currently testing support, it could drop as low as 6130 but it could very well be one more fakeout cause there was a lot latelly. A confirmation for this fakeout would be to get quickly above 6340 in the next hours.

2 Jul 2018

Nota

waiting for this pattern to break, I think it will happen very shortly. Still looking at 7000 to be the next resistance.

2 Jul 2018

Nota

looking pretty gound right now, need volume to be really convicing.

2 Jul 2018

Nota

currently facing a little bit of resistance at the latest sell target of yesterday, should break it to the upside.