Greetings from Crypto Mate Trading Services,
- Good day for Bulls, while alts remain undecissive all the day
- 2 important good things we seen today
- Today Candle closed as strong (Whenever D1 candle its open and close with good gain with short wick)
- Candle closed above 200 EMA.
Discussion on Chart :
- Today candle's high was not above previous high (9060) that results in consolidation
- Attention zone, if bitcoin continues its bull run, it should cross and closed above previous swing low (9050)
- Also keep eye on blue zone previous intra-day low area (blue zone 9000-9200). We might see bull trap around that blue zone as we had seen in past bull trap around same area (Mentioned Red box). It is not confirmed but we have to pay attention on that area.
Entry into Btc :
- 8200-8400 Area
Crypto Mate Team
Owner
Ali Raza (Trade Analysis and Signals)
Admin Team
Umair Rajput (Manage Discord and Steemit)
M. Lukmon (ICO Suggestions and Handling)