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BTC
The eleventh day of the pair BTC-USD is in a sideways movement at the market's low. The lack of strength in bulls and bears is compensated by a fairly high volatility - the range of trade for these days was about 80 dollars: from 5858 (August 14) to 6647 (August 15).
Level 6600 remains an insurmountable obstacle for buyers. Bulls in 11 days made 4 attempts to break through this resistance. For bears, such a point was the intermediate resistance at 6200, which today seeks price.
Support: 5750 (annual minimum); 5858; 6100; 6425 (minimum of April 1).
Resistance: 6600; 6777; 6840; 7220
6633 Resistance is holding currently as a support
Does that mean we found #crypto bottom?
Yes if we hold this support & close above for 22nd & 23rd Aug Daily Candles
Upside Target 7150, 7800
Failure to close above for 23rd will result in retest & break below 5800
Example of past trading :) Follow to earn daily :
BITMEX SIGNAL #BTC SHORT :exclamation:OPEN: 6675 - 6700 :exclamation:CLOSE: 6500 - 6400 - 6300 Reason: Overbought + Fud from China.
:fire:Reached 6625 - ~30% profit with 25x leverage - Congratulations on decent money
BITMEX SIGNAL #ADA SHORT :exclamation:OPEN: 1458 - 1460 :exclamation:CLOSE: OPEN TARGET Reason: Overbought + Fud from China
:fire:Reached 1448 - 15% profit - Congratulations on decent money
BITMEX SIGNAL
#BTC SHORT
:exclamation:OPEN: 6675 - 6700
:exclamation:CLOSE: 6500 - 6400 - 6300
Reason: Overbought + Fud from China.
