If the price want to rise more,the 6550 is main resistance!
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Technical analysis without Negative feelings
1. Stoch-Rsi began to show signs of a rebound
2.ADX said the price will range bound, Shorters
are losing strength
3.RSI continues to stay low
According to historical experience Bitfinex's short
positions have reached a peak, and the price of
bitcoin tends to rebound sharply after that peak.
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What is your opinion about the 6550 resistance ?
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Technical analysis without Negative feelings
1. Stoch-Rsi began to show signs of a rebound
2.ADX said the price will range bound, Shorters
are losing strength
3.RSI continues to stay low
According to historical experience Bitfinex's short
positions have reached a peak, and the price of
bitcoin tends to rebound sharply after that peak.
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What is your opinion about the 6550 resistance ?
Pump to resistance level
Dump to support level