On Daily chart, bull and bear fighting for middle ground around 3800 with long tail doji either side last 2 days. Possible bounce on 4hr chart to make it over stretch heavy double top on or near previous high resistance. Or possible slow bleed down till around triangle bottom like the previous daily huge red candle follow by a channel downtrend which lasted about 3 weeks (jan to early feb).
On weekly things looking better with possible upside ahead if bulls can continue to hold the price above 3600 and close of this week above this zone.
On Monthly, mentioned about the pattern of Feb tends to close off bullish and indeed we have a bullish feb.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :115
Total marketcap :130
Dominance :52
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Get involved!
Comments