Bitcoin 3hr analysis 7/1/2020
Diupdate
Hello, I'm Anne.
We got a rising trend over the past 4 days.
Unfortunately, we didn't broken the line of resistance 1 July.
As we can see, the high point even could not touch the top of the channel. The pwoer is lower and lower.
-In my opinion, a compelet trend need high or low points of the wave touch the channel line.If not, which means market sentiment be in one side.
So the market sentiment is negtive now.
Within the next 2 days, we probably get a downtrend except a significent break of the resisitance in 9270 which turn the bias.
sell:9200 stop:9350 target:8950
We got a rising trend over the past 4 days.
Unfortunately, we didn't broken the line of resistance 1 July.
As we can see, the high point even could not touch the top of the channel. The pwoer is lower and lower.
-In my opinion, a compelet trend need high or low points of the wave touch the channel line.If not, which means market sentiment be in one side.
So the market sentiment is negtive now.
Within the next 2 days, we probably get a downtrend except a significent break of the resisitance in 9270 which turn the bias.
sell:9200 stop:9350 target:8950
Trading ditutup: target tercapai
The rising amount of transaction speed up the process.
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