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We have a very tightening range on BTC now: the bears tried to break it, but couldn't do it. So watch out: The neckline area to the upside is above 6550 with a target of at least 6.700. In case for downside, keep in mind the hourly current lows at around 6440. BTC is now almost perfectly inside the EMA 12 & 26 range on the 4H. A break is coming sooner than later.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
We have a very tightening range on BTC now: the bears tried to break it, but couldn't do it. So watch out: The neckline area to the upside is above 6550 with a target of at least 6.700. In case for downside, keep in mind the hourly current lows at around 6440. BTC is now almost perfectly inside the EMA 12 & 26 range on the 4H. A break is coming sooner than later.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.