BITCOIN
Possible IHS, touch point for left shoulder testing neckline around 6550 again, still feel heavy for bulls to break through likely to slide down to retest 6150 zone and maybe even lower lows for the IHS head. On daily, consolidation zone still ongoing 6150 ~ 6550
On hourly candle, triangle consolidation forming again. Possible 3rd/4th test on the strong resistance zone around 6550 if the whale vol come in to add support maybe we can see it heading to 6750 again, even if it happen it's gonna be short live as bear will jump out 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 no sign of bullish momentum
RSI : -
Network Value to Transactions Ratio : 170+
Bitfinex Margin Long/Short Volume Ratio : 0.714
Depth Chart : (S) | (R) -
Weekly Timeframe : -
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