BTC have after last day, a little bit time for relax. Support at 6200 still holding, but volumes are also still pretty low. At 4h chart we can see probably forming big triangle. Which way will b triangle break is at this stage really hard to tell. But sign - that 6200 after all still holding, could mean, that we can go a little bit higher - expecting target around 6500. But like I wrote above, it really hard to tell which way will be triangle breake, but some alts, want to go up also, so I think, we could breake it up. I think, we will see the answer in a few hours.
Comment:
Triangle was breaking up. Target around 6500 wasn't reached. The volume was that low, that resistance which is around 6400 can't be break, but if we stay above 6310 -6300 ( triangle down green support line) , the pattern can be still valid, and I'm expecting another try to push the price higher, with the same target as I write before.
Comment:
Comment:
We again do not have enought power to push price higher. 6300 was break ass well. It looks like we will test 6200 support again.
Comment:
Only way which can change that, is break 6350 again, which can mid term mean a little bit calm down, and if we can go above 6400 (better 6500- 6550) we can think middter about small rise wedge.