BITCOIN - 8 Aug

in #bitcoin5 years ago

Screen Shot 2019-08-09 at 3.21.32 am.png
On 4hr chart, as mentioned consolidation around this channel top resistance. Possible to test the bigger channel top resistance 13300. MA closing in, a possible pullback to 10800 support zone. If it test around 13000 zone, possible IHS right shoulder formation or it can be a channel IHS now with bottom of right shoulder around 9500 zone.

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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio : 172
Total marketcap : 302
Dominance : 68.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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