Morning update BTC 6/20/2018 - crypt0s3nsh1 -

Volume picked up from the start of the weekend but still weak as the overall market sentiment is still bearish.

• mid term: Bearish (bias one more leg down.)
• short term: Neutral

short term we can see BTC green on the past hr, 24hr, and week. 14 days and longer still very much red indicating bearish market overall still.

We can see an increase of 4Bn market cap increase on the 19th. That increase has slowed down as we are at strong resistance around the $6.8 - $7.2k range. Everyone is selling these corrections up instead of holding leading me to think there is a strong market sentiment of people wanting to buy at lower prices.

Summary:

• see more detailed pictures below (:

Key resistances to break:

1. Swing high $6841
2. $6959 - $7157 (.50 - .618 fib retracement of wave a and daily 21 EMA)
3. $7403 - $7554 (.764 - .854 fib retracement of wave a)
4. $7800 wave (x) high

Key supports:

1. $6.3 - $6.5k
2. $5.8-$6.2 (swing low, year ATL)
3. $4.8k - $5.2K (psychological and .854 fib retracement range of [20k -- $70.00])

Daily OBV

Daily MACD/ RSI

Daily Chart

6HR MACD/RSI

6 HR Chart (detailed EW count)