Holding the Main Trend...But for How Long!!!!!!

It looked as though BTC had a real shot at the $7100 area after moving above $6600 earlier, but it is now testing the main trend support. For now it continues to hold, but has crossed through twice now. With a negative trend still intact on the daily chart, the current trend on the 2 hour chart doesn't look promising.

Maybe BTC can hold support near it's main trend and begin to develop a more constructive pattern. For now the wind in the sails is gone!!

Best of Luck!

Kommentar:

We've gone right to the main trend stop and continue to hold!! Definitely looking for a little breathing room now!!