1D BTCUSD Bitstamp Thoughts
Diupdate
Still trying to find my favourite chart style. Candles and background borrowed from CryptoCred on twitter.
Plenty and supports and resistances for BTC to bounce around. So far, this week’s candle is still down by quite a bit. Imo, the close of this week will be interesting to see.
On a smaller time scale, in an uptrend after yesterday’s low, currently 9300 at resistance. Hoping it bounces down and either tests 8100 or stabilises around 8600.
As a whole, we're still in a down channel. Im most likely going to be slightly more bearish until around 10k. Hoping to buy a wee bit if it drops to 8100/7300
Plenty and supports and resistances for BTC to bounce around. So far, this week’s candle is still down by quite a bit. Imo, the close of this week will be interesting to see.
On a smaller time scale, in an uptrend after yesterday’s low, currently 9300 at resistance. Hoping it bounces down and either tests 8100 or stabilises around 8600.
As a whole, we're still in a down channel. Im most likely going to be slightly more bearish until around 10k. Hoping to buy a wee bit if it drops to 8100/7300
Catatan
Fell out of channel but looking to pop back in. If it does, hoping for some sideways action and then attacking resistances
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