BTC-second daily inside bar - Break coming!
Helloo guys, hope you're doing fine. We now have the second Daily inside bar for grandpa Bitcoin, which equals an equilibrium pattern on shorter time frames like the 4H & 1H. We have our 4H Lower Highs of 6700 as resistance, and 6400 with double bottom as support.
=> A break here is coming sooner than later. I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
All in all, the bulls have maintained 4H EMAs as support, and are exactly between Daily 12 & 26, in a nice consolidation over the last few days. This gives them enough power to break bullish , but of course, the market in the end decides. If we look at the nephews like IOTA or EOS: those were much weaker already, so not a good indication on that front.
If we manage to stay in the 4H equilibrium/Daily inside bar , I think a break should be coming this weekend. I wish you a good trading! ;) No matter what you do: set your stop loss & beware of fake-outs.
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC .
=> A break here is coming sooner than later. I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
All in all, the bulls have maintained 4H EMAs as support, and are exactly between Daily 12 & 26, in a nice consolidation over the last few days. This gives them enough power to break bullish , but of course, the market in the end decides. If we look at the nephews like IOTA or EOS: those were much weaker already, so not a good indication on that front.
If we manage to stay in the 4H equilibrium/Daily inside bar , I think a break should be coming this weekend. I wish you a good trading! ;) No matter what you do: set your stop loss & beware of fake-outs.
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC .
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