Bitcoin 1 Hr Update
Well $6400 support broke, now $6500 is new support
Things are looking alot better
Watch for:
- The bull channel is still going stronger
- Testing the 1 Fib now
- I see a possible bearish divergence
- Candles are above BB
- Candles are above Ichimoku Cloud
- Resistance has been tested multiple times so a breakout is most likely
Overall action:
- If we keep this trend then $6800 should be no problem
Things are looking alot better
Watch for:
- The bull channel is still going stronger
- Testing the 1 Fib now
- I see a possible bearish divergence
- Candles are above BB
- Candles are above Ichimoku Cloud
- Resistance has been tested multiple times so a breakout is most likely
Overall action:
- If we keep this trend then $6800 should be no problem
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