Bitcoin daily update
I'm watching BTC closely this week to see what alts will do
Target not hit from yesterdays chart. I called closing price $6700-6900 due to Bollinger Band upper cloud opening but we ended up staying in the $6600 area
Instead we had steady consolidation due to strong resistance which is good for alts.
4H MACD and RSI are ready to correct together
If we break fib support here we can test ~$6400
I believe it will hold due to bullish indicaotrs on the larger time frames
1D bearish indicators
1W bullish indicators
1M Watching MACD to see if it will pop and run with the bullish RSI
Target not hit from yesterdays chart. I called closing price $6700-6900 due to Bollinger Band upper cloud opening but we ended up staying in the $6600 area
Instead we had steady consolidation due to strong resistance which is good for alts.
4H MACD and RSI are ready to correct together
If we break fib support here we can test ~$6400
I believe it will hold due to bullish indicaotrs on the larger time frames
1D bearish indicators
1W bullish indicators
1M Watching MACD to see if it will pop and run with the bullish RSI
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