Bitcoin (BTC/USD): Evening Analysis, Continuation or Rejection by kidmartin-95

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· @kidmartin-95 ·
Bitcoin (BTC/USD): Evening Analysis, Continuation or Rejection
![BTC Evening Analysis .png](https://cdn.steemitimages.com/DQmPxmvi4u2ockEjqbdPf2rTXYCuy4iTCXUS7Zq8jh3TKdB/BTC%20Evening%20Analysis%20.png)
![BTC Update.png](https://cdn.steemitimages.com/DQmNS94hm3JnJWfQKRKxxFG5fybaqbFJ3PW9QaGbMc9PJBH/BTC%20Update.png)![BTC D .png](https://cdn.steemitimages.com/DQmeatbpHJ8CTV7XwdZzwB4ghyvfRt6ez6SU2QnRpDfv6EB/BTC%20D%20.png)

# Daily
Looking at our trend timeframe we see price respecting our ascending wedge, stochastic rsi showing momentum is in favor of bulls. A daily close above $7,250 activates our trade, however if rejected at this level expect a sell off towards $6,000.

![BTC 4H.png](https://cdn.steemitimages.com/DQmXGRkcr1GM3NbqZon3f8YZYCCX6DLFxp8CBBe9SayALga/BTC%204H.png)
# 4Hour
Shifting over to our pattern timeframe we see price has found resistance at $7,300, a higher low has formed at $7,200 and we should be seeing an extension towards $7,700. If rejected at $7,300 expect a sell off towards our $7,000 (dynamic support) .

[Link To Chart](https://www.tradingview.com/chart/BTCUSD/3r2yvz5x-BTC-Lower-Low-Or-Higher-High/)

__*Conclusion*__
* Buy: After Daily Close Above $7,200
* Sell: Por Que

![Steemit_Ending.gif](https://cdn.steemitimages.com/DQmcBv6kwRQwP2TAfZ4QRXkfmbUhpo4ETALUckrFBfRLBRz/Steemit_Ending.gif)

Comment Down below what coin you want me to do next! ;)

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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vote details (3)
@renat ·
@kidmartin-95, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!
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