I WILL SEE A DOWNTREND CHANNEL ON BTC 4H CHART.I THINK NEXT STOP 6400 LEVELS.
CONTRARY TO IF WE SEE BETWEEN BREAKING THE 8400 LEVEL WE CAN SEE AN INCREASE UP TO 9000 LEVELS.
ACTUALLY I SEE A GREAT RESISTANCE AT 0.382 FIB LEVEL.
VOLUME INCREASES DURING SALE, WHICH MEANS THAT BEARS ARE STILL STRONG.
A RETURN OF THE BULLS IS VERIFIED ONLY IF THE 9600 LEVEL IS BROKEN.
THE CURRENT SCENARIO PROVIDES A DOUBLE BASE AT 6000.
WE SEE HOW THE DAILY CANDLE IS CLOSED.
CONTRARY TO IF WE SEE BETWEEN BREAKING THE 8400 LEVEL WE CAN SEE AN INCREASE UP TO 9000 LEVELS.
ACTUALLY I SEE A GREAT RESISTANCE AT 0.382 FIB LEVEL.
VOLUME INCREASES DURING SALE, WHICH MEANS THAT BEARS ARE STILL STRONG.
A RETURN OF THE BULLS IS VERIFIED ONLY IF THE 9600 LEVEL IS BROKEN.
THE CURRENT SCENARIO PROVIDES A DOUBLE BASE AT 6000.
WE SEE HOW THE DAILY CANDLE IS CLOSED.
Trade active:
A little increasing volume could permit to reach 9000 level. The volume is important in this increasing state.
Trade active:
now is important time for btc...wait for a new breakout or down to 7800