bitcoin
crypotrading
fibonacci
supportandresistance
trendanalysis
trendline
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The market reacted posting a jump, not retesting the 6300 level, I question if we have the momentum to break through the 6700 resistance band. Observing a doji on the 4 hour charts meaning indecision at this level. I we break this level, may be a good buy to the next resistance level, but I will have to enter a tight stop ( bull trap).
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I am looking at the four hour charts and because of the movement and side ways movement over the last few days (between 6400-6800 approximatly), I believe bitcoin will test the 6300-6450 support band one more time. Observation should be made on lower time frames to get a precise entry point but I would like to make a buy order around 6460 as long as there is an...
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