Daily

Looking at our trend timeframe we see price made a daily low of $7,300 and has retraced since, expecting some consolidation at this level. Momentum becoming in favor of bears, expecting price to make a retracement towards our breakout zone. A daily close above $7,500 activates our bullish trade, a close below $7,300 and we should see BTC retrace towards $5,000.

4Hour

Shifting over to our pattern timeframe we see price making another attempt at our $7,600 resistance. Momentum starting to shift towards the upside, a 4hour close above $7,500 indicated BTC making an extension towards the upside. However if price close below $7,300 expect the radical sell off to continue.

Link To Chart

Conclusion

• Buy: After Daily Close Above $7,600
• 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.