Added purple W - a possible double bottom formation with candles flattening out around this zone. Likelihood of bullishness till end of sunday to complete the weekly candle closing on or above the long term dotted red line.
Short term moving average : getting very close to cross
RSI : -
Depth Chart : wall still around 6000
Weekly Timeframe : still downtrend. possible to head down alittle more before 6450 to close off the week with a bear candle and complete a 2nd inverted hammer candlestick pattern on a downtrend.
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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Hi 1% +,
BTC looks bearish up til Sunday night and Monday should pump up to your red dotted line to follow the usual BTC price pattern.
Hoping it will come down more so, I could buy more a cheaper price by tomorrow night.
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@hanamana it's been flattening out around this price range of 6800, let see if today's candle manage to close on or above the dotted red line. Good luck =)
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Thanks for all the information.
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I prefer busy.org. Thank you for this post
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Great information, thank you.
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