Daily
Looking at our trend timeframe we see price respecting our bullish channel, and remaining inside our $6,500—$6,700 range. Stochastic RSI showing momentum also in favor on bulls with no signs of slowing down. A daily close above $6,750 would activate our trade, and we should see BTC run towards $7,500.
4Hour
Shifting over to our patter timeframe we see price respecting our consolidation zone, while momentum is starting to head towards the downside. A break below/above our zone indicates our next direction. If we fail to break $6,800, expect BTC to fall towards $5,000.
Conclusion
- Buy: After Daily Close Above $6,750
- Sell: NO
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.