In the last minutes the bitcoin 1.86% had an expressive high. As long as bitcoin do not break through the 6650 region, I will be looking for short position (sell) opportunity. I will share with you if I find a good opportunity. Good trading!
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I'm watching the market closely now. I see whales with strong power trying to hold or absorb the fall, more specifically on Bitfinex. It is very risky to open a position now, but a pump or dump will occur after this huge absorption in the 6310 region.
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The bitcoin still consolidated. No have security entry now. The suggestion for buy is when break the 6650 resistance. Sell when break 6200. Both for short target. Good trading!
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Bitcoin pump! Broken a important resistance. Next target: 6900. But we have fuel to 7500.
I hope you have followed our entry guidance at 6550!
I hope you have followed our entry guidance at 6550!
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The bitcoin pump has total fail. Probabily the price will continue fall in next days. If I found a security entry I will share with you.
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Today it is difficult to make a forecast for bitcoin, as a SEC news that will leave today will be of great influence to the price direction of bitcoin. But for now we are inside a high channel identified in time 4H. Good trading!
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New chart idea;
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