GMensah
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since Jul 28, 2018
bitcoin
btc
crypto
cryptocurrency
forex
forexsignals
gbp
gbpusd
indicator
trendanalysis
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Looks like there is some rejection at the current level, from the current volume and candle sticks it gives an indication the bulls and the bears are currently fighting to push the market in to their favorable direction. From my perspective the bears are winning. Let me know what you think, down below.
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If we see price halt in the current area and move sideways, we can possible see a move back to the downside. Price is currently moving up with lower volume which is a key indication of exhaustion. The next 2-3 days will be crucial, which will indicate the next direction for BTC.
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