Sparkle: New day on the cryptos market!
What happened last night?
👉 Overall, the market has remained stable, as can be seen from an analysis of the total market capitalization, which has stagnated at $211 billion.
👉 The Bitcoin is moving sideways for the moment staying around $6,750 still in its trading range with its support at $6,650 and its resistance at $6,800. Over a horizon of 1 hour, the evolution of the technical indicators is uncertain with a slight downside risk.
👉 However, over a 4-hour horizon, the indicators are negative with a WaveTrends and a MACD that crossed downward.
Be very careful and don't forget your stop loss if you get back into position!