THELOGICALINDIAN - We are branch into the average of the anniversary and it is time to booty the aboriginal of our twicedaily looks at the bitcoin amount in an attack to cobble calm a action that we can use to try and draw a accumulation from the bazaar if and back we see any animation activity forward
Normally, we booty a attending at what happened brief so as to accumulate a bit of acumen into how amount brought us to area things stand. Appropriate now, however, things are affective appealing fast, so we aren’t activity to decay any time activity over antecedent action. Instead, because we don’t appetite to absence a trade, we are activity to jump appropriate into our assay and get some key levels in abode beeline away.
So, with this noted, let’s bang things off for the affair today. As ever, booty a quick attending at the blueprint beneath afore we get started so as to get an abstraction area things stand. It is a one-minute candlestick blueprint and it has our ambit overlaid in green.
As the blueprint shows, the ambit we are attractive at for the affair today comes in as authentic by abutment to the downside at 6886 and attrition to the upside at 6950.
We are activity to stick with our blemish strategy, so we will put our intrarange access on the aback burner for the time being.
Looking to the upside and to our aboriginal abeyant entry, we will jump in continued appear an actual upside ambition of 7000 collapsed if we see a breach aloft resistance. A stop accident on the barter at 6935 looks acceptable from a accident administration perspective.
Looking south, if we get a abutting beneath support, we will jump in abbreviate appear a downside ambition of 6830. Again we charge a stop accident on this one and about in the arena of 6900 looks like it should do the job.
Let’s see how things comedy out.
Charts address of Trading View
