graham.edwards84

BTCUSD 6 hour chart

Panjang
POLONIEX:BTCUSDT   Bitcoin / Tether USD
BTCUSD is still finding great support on the 6 hour chart (pair with 90 Minute chart). It seems an odd level to trade on but whatever... Really big bounce off the 200 MA here and now we will expect a double bottom before the move up begins. I think this next leg up may have some good surprises but we will see after the first wave structure in the set, then maybe we can get an idea of vector and velocity... make a top projection idea at that time. As long as we remain above the 200 MA on this 6 Hour chart then the trend is still bullish but any break below would have me reassessing.
Penafian

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