COINBASE:BTCUSD   Bitcoin
BTC had a bull break yesterday which appeared to favor the daily trend change and follow through, but it was met by a big bear spike in volume and 4%+ drop in a few hours. This has completely shifted momentum and led to BTC being on the verge of breaking the recent daily higher low. We would need to see BTC bulls break $7,225 this morning to regain their short term control.

With a break of $7,115 we look to 7,000 and the inability for a daily trend change to occur for bulls. Currently in a small starter position in the upper $7,200s with a tight stop if $7,115 breaks. Back to patiently waiting for clarity on the daily if that were to happen.

liking the 2D chart for clarity if we see a support break.
Glad to hear crypto youtubers are

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.