BITCOIN – 1 Mar

On Daily chart, bull and bear fighting for middle ground around 3800 with long tail doji either side last 2 days. Possible bounce on 4hr chart to make it over stretch heavy double top on or near previous high resistance. Or possible slow bleed down till around triangle bottom like the previous daily huge red candle follow by a channel downtrend which lasted about 3 weeks (jan to early feb).
On weekly things looking better with possible upside ahead if bulls can continue to hold the price above 3600 and close of this week above this zone.
On Monthly, mentioned about the

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!
Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet