BTC UPDATE
The market is calm.
In times of sailing ships, sailors always used the phrase "Calm before the Storm."
"Perfect calm" before "Perfect storm". The current market situation looks the same for me.
Previously I've already wrote about all support and resistance levels. The only thing I would liketo add is that now we have high class A divergence on D1 which says about upcoming rise:
Also dont forget about strongest TITAN trend line (located at 7170$) which wasnt tested from bottom.
And also we have an upcoming price drop sign - another bearish "pennant" pattern on D1.
BUY/SELL ratio is almost equal now, with an insignificant overweight in the side SELLs.
The market is tired of fallling, but still cant go up. Maybe the situation become more clear after 29th of JUN, when the futures expires. Truly I have no idea what else can drop the price again excepct futures.
I will update this chart as new info comes up for my followers.
The information provided by @arjunsingh is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
