Bitcoin 1 D Market Update
BTC keeps ranging from $3300 - $3600
Until we have a breakout at once of these prices, I'm still not sold where BTC will go exactly
Watch for:
- Descending wedge = bullish, yet wait for confirmations of retest and lower highs
- Candles are below BB = mostly bearish scenario
- Candles are below many EMA
- RSI is oversold
-OBV is still low
On the good news, some altcoins are gaining strength
Until either $3300 or $3600 breaks, I am just waiting on the side lines
Until we have a breakout at once of these prices, I'm still not sold where BTC will go exactly
Watch for:
- Descending wedge = bullish, yet wait for confirmations of retest and lower highs
- Candles are below BB = mostly bearish scenario
- Candles are below many EMA
- RSI is oversold
-OBV is still low
On the good news, some altcoins are gaining strength
Until either $3300 or $3600 breaks, I am just waiting on the side lines
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