BTC 1D ENTER THE BEARMAN
Updated
# Been tracking this ascending channel since halving, now it crossed down lower border (red line).
# Little chance bull had is to make a daily close at least above 9800, even better at 10000 psychological level, or make new high above 10500.
-- Any strong rejection at this level would further give bearman more reason to take over.
# For now bear had an upper hand, although I'd like be proven wrong. Bull have to step up the game now.
# Little chance bull had is to make a daily close at least above 9800, even better at 10000 psychological level, or make new high above 10500.
-- Any strong rejection at this level would further give bearman more reason to take over.
# For now bear had an upper hand, although I'd like be proven wrong. Bull have to step up the game now.
Note
So far it played well into our analysis. Yesterday close just below 9800 as expected. Minor retracement to 9500-9450 is possible now. Which is good entry level for another long opportunity.Note
Next support to break 9100-9000, if 8880 is broken then we will see 8500 where the bull make a last defense.
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