BTC/USD analysis: No major signal received yet.
While using the main indicators we use for all markets,
and when looking at the 15-minute charts for BTC/USD,
we are not able to detect, on this time-frame,
a clear indication of a major long or short trade.
However, we keep trading BTC/USD using short-term charts
like the one included with this...
IT CAN COME UP TO 6377 ,6580
LOOK FOR HIGHER HIGH HIGHER LOW IN THIS AREA, IF FALLS TO MAKE HIGHER HIGH HIGHER LOW, THEN SHORT AROUND
(6377 AND 6580 ). BE CAREFUL FOR FALSE BREAKOUT AROUNG 6600 . AND THEN SHORT
AND LOOK FOR 5860 AND 5760 .
STOP LOSS 6650
Jindal steel & Power looks to have bottomed out and breakout above marked area (100 level) with good volume will be good opportunity to buy.
Fresh cycle will start from this level. Keeping eye on this one...