Still Neutral For Short term; Long term Bullish
Bitcoin is trading range trading from last few days, both fighters are fighting for their trend but all are waiting for ETF approval by SEC in next month. Before that technical says that there is making HEAD & SHOULDER pattern in day chart, in picture there is neck completed on $6100 and shoulder A will complete near $6800-$6900.
Current scenario is range bound trading between $6200-$6600. Good sign of Buy/Sell is Real Breakout from this rang trading. Beware of false breakout in both side.
Current scenario is range bound trading between $6200-$6600. Good sign of Buy/Sell is Real Breakout from this rang trading. Beware of false breakout in both side.
Penafian
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