@Z1 21 June 2021 more from that month

BTCUSD - Sellers still in control - BTC looking weak. Not expecting this post to be popular for the Bulls. In its recent move to 41250 BTC failed to capture 39000 and has now dropped back to 33,000 - this on its own isn't concerning what is concerning in terms of the Bullish scenario is that buyers were overcome by parameters set by sellers in May. Key here was a major selling push right on the negative median line. This signals a continuing campaign of selling. https://www.tradingview.com/x/TRAZklzo/ Support must be held at 32500 or probability of a drop towards 25-23,000 high. Support as previously set 31107 - if this fails it would signal price was kept up in order to sell before a further markdown. A key area to get above in the short term 35-34400. Not many people will understand this chart - if you want to know more about the technique - look for Median Lines Analysis - Andrews Pitchfork. Also look for Timothy Morge - https://www.youtube.com/watch?v=ad1NOD0_dts&list=PL85Weg5ooHkebkGtvGST6w-kG0V3ym3RM&ab_channel=rapidfxrapidfx. #BitcoinCash