Daily
Looking at our trend timeframe we see respecting our downtrend , stochastic rsi showing momentum in favor of bears. Support found at $6,450, a daily close above $6,600 activates our trade, however if rejected at this level expect our sell off to continue towards $6,000.
4Hour
Shifting over to our pattern timeframe we see price has found support at $6,450 and is currently testing our resistance at $6,550. Stochastic RSI showing momentum in favor of bulls, a 4hour close above this level and expect a push towards $7,200.
Conclusion
- Buy: After Daily Close Above $6,600
- Sell: Por Que???
Comment Down below what coin you want me to do next! ;)
Thank You for Your Support, Upvote and Follow!!! New Blog and Video everyday
Social Media:
Twitter
Instagram
InvestFeed
Tradingview
Crypto Trading W/ Leverage
How to Draw Trend-lines & Identify Trends
How to Draw Support/Resistance, Price Only
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.