Bombita

Weekly Bitcoin Futures Report / Some TA [BTC/USD]

Bombita Updated   
BITFINEX:BTCUSD   Bitcoin
CBOE FUTURES EXCHANGE cftc.gov/dea/futures/deacboelf.htm
CHICAGO MERCANTILE EXCHANGE cftc.gov/dea/futures/deacmelf.htm

as a whole , we can see an increase in the number of contracts , but the number of short contracts is still more.

TA

the key levels:
8000 the breakthrough of this level will means a possible growth.
6000 the breakthrough of this level will means the possible start of a bear market.

rsi indicates the possible continuation of the fall.

Comment:
the key level . ( 6630 )
now this level looks like a resistance
SHORT POSITION the closure of the four hour candle below the level of 6250
Comment:
it looks like a flag at the moment
LONG the closure of the 4h candle above the level of 6880
SHORT the closure of the 4h candle below the level of 6250
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