Hello,
When we look BTC weekly chart then there we see some positive moves & pos. price action.
Hammer formed from strong crossing area and from decent support!
But neg. thing is these buyers lack momentum, this hammer is red, not green - it means sellers still dominates this market at the moment!
...but we have still a nice platform where we can launch back to $9-$10k
Let's see what happens in this week so far not so positive!
Good luck!
When we look BTC weekly chart then there we see some positive moves & pos. price action.
Hammer formed from strong crossing area and from decent support!
But neg. thing is these buyers lack momentum, this hammer is red, not green - it means sellers still dominates this market at the moment!
...but we have still a nice platform where we can launch back to $9-$10k
Let's see what happens in this week so far not so positive!
Good luck!
