Daily
Looking at our trend timeframe we see price has left us a double top at $6,750, stochastic rsi showing momentum is shifting in favor of bears. Expecting price to continue selling off here and finding support near $6,000, a daily close above $6,600 activates our trade towards $7,200. However if we see a daily close below $6,550 expect a drop towards 6K.
4Hour
Shifting over to our pattern timeframe we see price has also left a double top at $6,600, stochastic rsi showing momentum remains in favor of bears with no signs of reversal. A 4hour close below $6,540 and expect our sell off to continue towards our next 4Hour support level at $6,350.
Conclusion
- Buy: After Daily Close Above $6,600
- Sell: Por Que?
Comment Down below what coin you want me to do next! ;)
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.