TheAlphaTrades

Sea of green or red underneath | BTC struggles over 6700

KRAKEN:ETHUSD   Ethereum
Forgot to mention that we may be printing a bear flag/pennant on the daily chart BTC/USD. These break to the downside. This sideways movement on the daily is not a strong indication of bulls being in control. The "V" structures of bullish volume is a far better indicator of finding a bottom and shooting through major resistance level. Right now the $6700-6800 is posing us major resistance. We have to get through this first.

Hopefully you guys enjoy my analysis and give me a thumbs up if you want more or if you have questions simply comment :)

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