Bitcoin (BTC/USD): Evening Analysis, Here Comes The FOMO
Daily
Looking at our trend timeframe we see price breaking through our $6,300 and is now testing our $6,750 resistance. A daily close above this level and we should see BTC make a run towards $7,,300, stochastic rsi showing momentum is heading towards the upside with no signs of slowing down.
4Hour
Shifting over to our pattern timeframe we see no signs of price slowing down, and we are currently testing our our bullish channel resistance. Stochastic RSI showing momentum in heavy favor of bulls, a 4hour close above
Conclusion
- Buy: After Daily Close Above $6,750
- Sell: NO
Comment Down below what coin you want me to do next! ;)
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
"Sell: NO" Lol. I wholeheartedly agree. It doesn't take much natural growth at the 6k floor for whales to run the price up in a moments notice.
Great post man. You called the new channel and the timing of the breakout perfectly. Followed
Thank you for your support :)
Right thoughts you have @kidmartin-95, and set them cool