Hy everyone, This @habib from Cryptobits. Today i have quick update about Btc/usd pair for you.
Major trend : Bearish
daily : sideways
We have seen market hit 3200$ and retraced with good buyer's volume , unfortunately buyers were not able to compete sellers near 4000$ (roughly). Bears domination near 4k mark was an indication of more bearish sentiments in...
Weekly Trend : Bearish
Daily Trend : Bearish
Right now market is moving inside a ranging area, between 3650$ and 4400$. until now we have tested 3650$ three times. For time being let us say there is no major trend i mean exclude previous drops and previous peaks. Market is testing 3650$ third time and getting a rejection from this area that clearly means there...
Yesterday we observed a sudden spike in price and of course volume too :)
But that's not a clear buy for me i have many trades opened in this pair but i want to strengthen my position for me if today daily closed above TL1 i will buy more for target 90k otherwise i have new buying strategy at 60,62k :)