BTC currently trading between two primary SR lines @ 5510 and 7370 and finding resistance at 6600 as shown by two recent bullish fractals.
Ichimoku cloud has recent TK crossover and a hidden bullish reversal signal has appeared as well.
That said, price, chikou span and TK lines are all below cloud.
If it fails to break 6600 level again, could head lower to test 5510 long term resistance. Otherwise we should be heading higher to retest the 7k highs.
Ichimoku cloud has recent TK crossover and a hidden bullish reversal signal has appeared as well.
That said, price, chikou span and TK lines are all below cloud.
If it fails to break 6600 level again, could head lower to test 5510 long term resistance. Otherwise we should be heading higher to retest the 7k highs.