Thursday 6 September 2018

BTCUSD: Bitcoin Having a hard time to get past cloud chart resistance!

BTCUSD: Bitcoin having a hard time to get past cloud chart resistance! It is now fighting for support at bottom cloud chart support zone!
Since price action is below the cloud it remains in overall bear market/downtrend mode.

Old support lows of 5735 and 6427 can provide short term relief rallies to swing trade. But the risk to the downside remains in place since price action is below the cloud!


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