BITCOIN - 10 Apr

in bitcoin •  last month 

On 4hr chart, buyer are reluctant to give room for breather, kept inching up towards the mini ascending triangle top. Limited upside to 5600 though even if it break 5400. Still bias towards triangle breakout downside and take a breather space to test 200 MA on daily.

News: (Current) | (Upcoming)

Short term moving average (day candle) :
Network Value to Transactions Ratio :114
Total marketcap :182
Dominance :50.8
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :i

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I think you are right here. At least an analysis I made on the 12 hour and daily agrees that it is more likely that we are going downwards

Are you acting on this prediction?

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