BITCOIN Inside Bars -- 3rd Day

in #bitcoin6 years ago

Untitled.png

We're looking at the third inside daily bar forming. This bar is so far bearish-looking, with a long upper wick that's longer than the body. We still have plenty of trading left before the daily close, so this may change. Daily volume has also shrunk and we are seeing more consolidation before another major leg down to retest $3,100 and $3,000.

Inside bar support right now is at $3,572 with resistance at $3,666.

trading.png

Sort:  

Thanks for posting the charts

thank you!