Good day , traders! Lets see how we can predict btc market. This is my current analysis for this week..
We have strong long pattern bullish triangle confirmed at the 4h chart Last support zone 7200-6900 rezistance at 8000-8200
If we retested 7200-6900 I would buy more. Now Im just waiting for interchanges at this market.
I think we have good chance to grow at this week to 8500$ at the btc but it can squeeze at the support zone 7200-6900$ to the upper edge of this bullish triangle .
I expect price to move down today. MACD is indicating a sell opportunity and CCI is in overbought zone. Bears are now gaining control and should act soon. This analysis is based on 28 technical indicators. Do share your thoughts :)
I expect price to move down today. MACD is indicating a sell opportunity and CCI is in overbought zone. Bears are now gaining control and should act soon. This analysis is based on 28 technical indicators. Do share your thoughts :)