BTC sell off after spike SUPPORTING 6,250 level
Bitcoin could not hold up the gains from yesterdays spike, and came crashing back down to previous support levels.
We could see a rebound off these levels of support back to the 6,450-6,500 price range but I believe we will be seeing more consolidation over the next few hours with a return overnight into the 6,500 price level.
Intraday, I am following candlestick patterns closely and looking for resistance around the 55/125 EMA within the next 8 hours.
My short/long indicator helps a lot for overall trend, check it out, I barely see anyone use it.
This is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
Bitcoin current price 6,276
COMPLETED 3:17pm (UTC-7) LOS ANGELES
We could see a rebound off these levels of support back to the 6,450-6,500 price range but I believe we will be seeing more consolidation over the next few hours with a return overnight into the 6,500 price level.
Intraday, I am following candlestick patterns closely and looking for resistance around the 55/125 EMA within the next 8 hours.
My short/long indicator helps a lot for overall trend, check it out, I barely see anyone use it.
This is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
Bitcoin current price 6,276
COMPLETED 3:17pm (UTC-7) LOS ANGELES
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.