Another chance for the bulls

in bitcoin •  6 years ago 

A nice green candle up to give bulls another chance to break up and convince us of a reversal, BTC 6.68% just went above the EMAs that it has been having trouble with of late.

However the bulls must follow through with in a day, we will be paying close attention to the bull volume if it starts to die down so does our chances of a continuation & BTC 6.68% will drop down and stay in the channel range for now.

watching the top of the channel, if BTC 6.68% breaks above we could have the reversal we are looking for and a chance to place a long position

For now, waiting and watching.

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