after spending some 10 hrs now near the lows of 6k the consensus seems to be shorting this for 5.4 k or less. I am actually going with a long view targeting 7.3 k based on the bearish shark pattern i see on my charts. also RSI looks deeply oversold for time being. it can go to as low as 15 as well i am aware of it but that is extremely panic or euphoria situation. for now I am sticking to long based on solid support around 6100 odd levels which if breaks can get us to 5800 levels.
https://charts.mql5.com/19/121/btcusdm-h4-exness-ltd.png
https://charts.mql5.com/19/121/btcusdm-h4-exness-ltd.png
Comment:
https://charts.mql5.com/19/121/btcusdm-h4-exness-ltd.png
Trade active:
now that we have reached 6400. looking for a break of 6600 which would trigger a move to 7k