Hi everyone
BTC must decide to move either way on my 4H chart. right now its move is neutral.
10550 is our support and 10900 is our resistant levels. so below 10550 it may test
10200 and upon 10900 price moves to test our red downtrend line.
in daily time frame I still expect for more declining as far as the price can't break
the ICHI cloud upward. though MACD and Elders force index tends to move on positive side
but the price must cross the cloud upward to gain more bulls again.
So for next hours I still expect some more consolidation until Bitcoin decides going upon 10900
or below 10550.
Enjoy the market
BTC must decide to move either way on my 4H chart. right now its move is neutral.
10550 is our support and 10900 is our resistant levels. so below 10550 it may test
10200 and upon 10900 price moves to test our red downtrend line.
in daily time frame I still expect for more declining as far as the price can't break
the ICHI cloud upward. though MACD and Elders force index tends to move on positive side
but the price must cross the cloud upward to gain more bulls again.
So for next hours I still expect some more consolidation until Bitcoin decides going upon 10900
or below 10550.
Enjoy the market
Commentaire:
BTC needs to break 10900 level upside, otherwise it declines, let's see what would happen.
Commentaire:
Bitcoin is more likely bearish right now
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