Expected trading for today is between 6600.00 support and 6950.00 resistance
Bitcoin price continues to rally upwards strongly
above 6600.00 level
So What Next!
A new all-time high was formed at 6909.00 from where the pair started
a small correction.MACD is placed well in the bullish zone and show positive signs.
RSI is well into the overbought levels, pointing a short-term correction.
Bitcoin price rallied upwards strongly, waiting for more rise towards 6950.00 supported by EMA50.
100 SMA is above 200 SMA so the rally is more likely to continue than
to reverse.6600.00 level / 50% Fib Retracement ( from $6282 low to $6909 high ) level is the most important support / key condition to continue the bullish wave.
Breaking 6600.00 level and hold below it, is negative factor that will push the price to start bearish correction.
Expected trading for today:
is between 6600.00 support and 6950.00 resistance.
Expected trend for today:
Bullish / Holding above 6600.00 represents key condition to continue the bullish wave.
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