Hey Guys! Have you tired of this flat trading? Well, it looks like someone want to buy your cheap coins, because if you open 1D TF, you will see a steady downward trend, this is occurring at a time when Whales accumulate positions before pump the price.
And so we have next data:
The MACD: Bullish Crossover
The RSI: almost 50
The EMA lines: the 7EMA is our support line, the 30EMA and 100EMA created the resistance lines @6550
What next?
I'm sure today or tomorrow Bitcoin rises again to $6600+, but to achieve this PT, it will be necessary to increase the trading volume, because there are a lot potential sellers @6600-7000.
TF: 4H
ENTER: 6500
PT: 6650
GL Traders.
And so we have next data:
The MACD: Bullish Crossover
The RSI: almost 50
The EMA lines: the 7EMA is our support line, the 30EMA and 100EMA created the resistance lines @6550
What next?
I'm sure today or tomorrow Bitcoin rises again to $6600+, but to achieve this PT, it will be necessary to increase the trading volume, because there are a lot potential sellers @6600-7000.
TF: 4H
ENTER: 6500
PT: 6650
GL Traders.
Trade closed: target reached:
@6700