BITCOIN
Gain somemore ground on hourly candle following the 3 legged staircase pattern. Upper shadow on daily above 6550 resistance, false breakout ? Higher highs. Bears came into defend the hard resistance closing below it for yesterday candle. Today's candle attempt to break above testing bear strength, let see if it can close above 6550 even better 6600. Possible completion of double bottom, breakout price target of around 6900 zone. Possible entry order for short rally. Whale still on the sidelines with some testing a little, let see if the orca vol can trigger the breakout upside. Then again whalebear might see it as opportunity to short again.
News: (Current) | (Upcoming) CBOE BITCOIN ETF, 30 Sep 2018 (may be extended again up to 240days)
| G20 FATF, Oct 2018
Short term moving average (day candle) : crossover waiting bullish confirmation
RSI : -
Network Value to Transactions Ratio : 180+
Bitfinex Margin Long/Short Volume Ratio : 0.750
Depth Chart : (S) | (R) -
Weekly Timeframe : -
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