$XBTUSD 4H - Stoch bear div, RSI and OBV only show confirmation of lower high. - Lower volume overall, could consolidate around here for the next few days. No true bearish bias yet.

Landing zone $BTC #Bitcoin Will be placing longs there, Stop at 7,800 if referring to Bitstamp.

$XBTUSD 4H - 100EMA (red); - Trendline/raising wedge low (blue); - 8.2k S/R flip line (yellow). Pick your support.

woop woop

Go ahead and tap that for me. $BTC

Do or die

$XBTUSD Daily Closed on 21 EMA. Next stop 7.2-7.5k area. My first, albeit small, bid.

$XBTUSD Daily Closed on a 5.4% dump on strong volume. OBV closing bellow 21MA.

#bitcoin Little volume divergence there. Drop on little volume an retraced quickly. Looks like a stop-run to me.

Zooming in, bOBV was steadily increasing during that period as well in an opposite trend to the price. Indication of hidden accumulation.

$XBTUSD 4H Could see a restest of 7.9~8k area as resistance.

$XBTUSD 4H 7.9k tested as expected, now making a local higher low, might test 8-8.2k (near the 21, 52 and 100 EMAs) before continuation.

$XBTUSD 1H Possible hidden bull div on the StochRSI. RSI just confirming price. Adds to the 4H narrative of a test of 8-8.2k (https://t.co/TnIFZi6q9N).

$XBTUSD 1H First 8k retest strongly rejected.

$XBTUSD 1H - 52 EMA (orange) offering resistance; - Possible ascending triangle or pennant breaking down on volume, might retest from below; - First support 7~7.2k area; - Pole extension puts possible bottom around 6.5k.

$XBTUSD 1H Aforementioned retest from below going on. Low volume, hardly an impressive attempt.

$XBTUSD Daily Unmodified chart. Closed with a spinning top. Couldn't break below 7.4k support nor above 8k resistance (VPVR + 21 EMA), again. Neutral, short-term indecisiveness. Bears also have 7.2k to break and bulls 8.4-8.5k, so all this might take a while...