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BTCUSD ON 4 HOUR TIME FRAME

BTCUSD has a common repetition at $6000 and $6500 with $5800 being the major support.

on this 4 hour chart we have a downtrend resistance and an uptrend support.

horizontal support at $6300 and resistance at $6600.

if the pair respects the trendlines we could see two Buy positions at $6600 but should we break I would wait for $6000 before looking for anything .

my analysis is as follows
Beyond Technical AnalysisChart PatternsTrend Analysis

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