BITCOIN LIKELY TEST ON 7800 ZONE
Lower lows made for the past few days within the downward green channel. Let's see if the strong support around 7800 can hold and give a short bounce. Into 1/3 of the projected range of M pattern. Candles dip below all major moving average lines.
Short term moving average : downtrend
RSI : -
Depth Chart : wall still around 7500 and 10000
Weekly Timeframe : -
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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Very similar analysis, definitely looks like a drop towards $7,500
Keep up the good work :)
thank for showing the weekly views, look like possible triangle on weekly
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