BITCOIN – 23 May

On 4hr chart, look like it’s finally heading down to complete the extend HS right shoulder.Going down slowly as the overall market sentiments still filled with buyers looking to buy the dip plus not much sellers willing to sell lower. Mini triangle breakout target around 7000, which is about the bottom of the different bull flag angle on daily chart. Possible stoch price bull divergence on 4hr chart, may just bounce again.
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :100
Total marketcap :236
Dominance :57
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly

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