7th July BTC Day Analysis Bearish

in bitcoin •  7 years ago 

Bearish View


7th July BTC Day Analysis 2.PNG

RSI is in the neutral zone right now,
Not the best time to trade.

Bearish View:
We are still in the midst of completing WYY
Wave 2?
If we break above $6849.7, this count is invalid.

Bullish View

Bullish View:
We completed WXY with truncated Y position
Current in Wave 3 Target: $7321.4
With Wave 5 Target at $7908.7
A break above $6849.7 would validate this count.

bitcoin cryptocurrency technical analysis trading
7 years ago by

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