Hello guys,
here you can see our current chart analysis.
We have a big support area between 5870 (2017/11/12) and 5905 (2018/02/06).
Also we got an resistance line at 6400 (2018/04/01). You can also see the trend line from the last highs going down here.
We have soon to decide which direction we will go. If we break the 6400, the way up to the next resistances is open.
If we go sideways or below the 6000, we will probably see the 5905/5870.
The next days will show us the direction. Right now it looks like we are going up to test 6400. If we can´t hold it, we will go down
to see the lows from November 2017 and February 2018.
Have fun trading and please remember this is no financial advise.
If u enjoy the analysis, give me a like and check out my Twitter @ CryptoAirwaves
Greets
Airwaves
here you can see our current chart analysis.
We have a big support area between 5870 (2017/11/12) and 5905 (2018/02/06).
Also we got an resistance line at 6400 (2018/04/01). You can also see the trend line from the last highs going down here.
We have soon to decide which direction we will go. If we break the 6400, the way up to the next resistances is open.
If we go sideways or below the 6000, we will probably see the 5905/5870.
The next days will show us the direction. Right now it looks like we are going up to test 6400. If we can´t hold it, we will go down
to see the lows from November 2017 and February 2018.
Have fun trading and please remember this is no financial advise.
If u enjoy the analysis, give me a like and check out my Twitter @ CryptoAirwaves
Greets
Airwaves
Comment:
We just tested the 5778 at 18/06/29. Right now we are stocking below 6000, exactly below 5900, in the support area. Probably not for going up directly. It seems very likely that we are testing the lows again. Lets see what the next days bring us. Have fun!