ANALYSIS 06/10* On D1 frame: Yesterday's D1 candle had a long upper shadow and closed near the bottom, it showed that selling pressure continued to be blocked above the 28k resistance area. However, the volume does not increase, proving that the downward momentum is not strong. - In general, BTC still has an increasing structure when creating higher peaks / troughs. So I still expect BTC to continue to adjust slightly for one more beat, then the upward wave will continue in the near future.* On the H4 frame: A Bearish pinbar candle appears with a sudden volume, this candle has a shadow. The candlestick sweeps past the previous peak, showing that short-term selling pressure is quite strong. Therefore, there is a possibility that BTC has one more decline to around 27k in the short term.* BTC.D (Market capitalization rate of BTC) - A Bearish pinbar candle appears right at the strong resistance area on frame D1, This is a quite strong reversal signal. So it is likely that btc.d will have a downward correction in the next few trading sessions. => So, if BTC only adjusts slightly then continues the uptrend + BTC.D decreases and adjusts, it is likely that Atlcoin will be pushed in the next few days.
- Quoc TC