Today is the crossroads day. Price sqeeze into narrow channel wit volume dropping, so the move is coming.
BTC 4H chart draw inverted head and shoulders pattern, that usually finalize trend reversal and, if complete, will lead to pump towards 11500.
On other hand lately volume doesn't support growth much - most of it comes from rejections at 10750 resistance. So now all depends on a single whale, that will show the direction. What is clear is that shorting or going long at nearest SR zones is risky now. If hit they will be passed by.
Shorts: 11150 - 11500
Longs: 10320 (within bull flag) - 9950 - 9780
Tecnical information and history:
Fear & Greed index: 34 (<= 42 <= 40 <= 19 <= 34)
BTC Dominance: 65.4% (<= 65.8 <= 65.4 <= 66.1)
Market Cap: $288.606 billion (<= 282.908)
24h Vol: $61.412 billion (<= 78.953)
BTC 4H chart draw inverted head and shoulders pattern, that usually finalize trend reversal and, if complete, will lead to pump towards 11500.
On other hand lately volume doesn't support growth much - most of it comes from rejections at 10750 resistance. So now all depends on a single whale, that will show the direction. What is clear is that shorting or going long at nearest SR zones is risky now. If hit they will be passed by.
Shorts: 11150 - 11500
Longs: 10320 (within bull flag) - 9950 - 9780
Tecnical information and history:
Fear & Greed index: 34 (<= 42 <= 40 <= 19 <= 34)
BTC Dominance: 65.4% (<= 65.8 <= 65.4 <= 66.1)
Market Cap: $288.606 billion (<= 282.908)
24h Vol: $61.412 billion (<= 78.953)
Comment:
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