SkyRock Signals

#Analysis

#BTC

Update

Basic overview:

BTC is still in the sideways trend below $7 000 level. It faces with a strong resistance. Closing the daylight above the level of $7 000 will indicate a further positive scenario. But in case of a drawdown, the market can test the range of $6 800 - $6 900. Testing the specified range will indicate the further movement of the market. Be careful with alt trades. We do not give any trading analyses or signals in the Basic channel as it is very dangerous now to trade without updates and support. However 4 our recent signals in Premium have brought 40.3% quick profit. At the 1 day timeframe: Price breaks the upper bound of the template and moves lower. The price is below Ichimoku clouds, support seems to be weak. The market may continue to follow a downtrend.

At the 3 day timeframe:

The market looks positive. There are good chances to move back to the range of $7 800 - $8 200 where the price will face a strong resistance.