stepwise distribution

١١ يونيو ٢٠١٨

BTC will probably trade these supports for a while. Sub5k looking like a reality soon if minimal bullish action at 6.4.
No one likes to buy anything until a huge sell off takes place after dipping below the 400MA.

١١ يونيو ٢٠١٨

ملاحظة

BTC is still supporting itself on the descending line coming from the 4/11 inverse head and shoulders. if this breaks down, we'll see huge loss, but for the time being it should hold, cause a relief rally to over 7K, and then probably back down

١١ يونيو ٢٠١٨

ملاحظة

on the 2h, BTC is having a bullish divergence with a lower low on RSI, but price higher low from the 4/11 dip. This is quite bullish

١١ يونيو ٢٠١٨

ملاحظة

give a thumbs up if this helps you!