Daily

Looking at our trend timeframe we see price is attempting for the 3rd time to break and close above our $6,550 resistance, stochastic rsi showing momentum slowing towards the upside. BTC currently respecting it’s bearish parallel channel, expecting price to continue to follow structure and form a a lower low at $5,500. A daily close above $6,550 activates our trade, a daily close below $6,200 and expect our sell off to continue.

4Hour

Shifting over to our pattern timeframe we see price currently testing the top of our bearish channel, stochastic rsi showing momentum in favor of bulls on smaller timeframes. A 4hour close above $6,500 activates our trade, a 4hour close below $6,300 and expect some more bearish movement.

Link To Chart

Conclusion

• Buy: After Daily Close Above $6,500
• Sell: NOOO

Comment Down below what coin you want me to do next! ;)

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Crypto Trading W/ Leverage
How to Draw Trend-lines & Identify Trends
How to Draw Support/Resistance, Price Only

Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.