Bitcoin Analysis and Trading Idea 5/11/2018

[bitman007]

Good Morning Friends , Hope all are enjoying good crypto earning. Bitcoin is going its own way , Lets look at its technical aspect to take safe trading decision : check both bull and bear aspect here : 

#BTC/USD APEC Snapshot Outlook: Approaching key resistances

#bitcoin has finally risen back above $6,400 after dropping violently below 6 days prior.

Vol is a little lacklustre for continuation with 2hrs til close Immediate resistance 6418

RR: 6600 $BTC

 

==>> Bears managed to break through aforementioned fib targetting first major support at $6,389 with price stalling abv 6.4k psychological level Pullback is still playing out but remains bullish abv the short-term primary trendline at $6,365

What your opinion or technial idea syas, kindly add here in comments : ) so we can all learn wegether more > 
Kindly look at the chart for more details : )

Thanks

Good Luck,