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BTCUSD Daily Chart update - June 17, 2018 by cryptoaddict

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· @cryptoaddict ·
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BTCUSD Daily Chart update - June 17, 2018
![download.png](https://cdn.steemitimages.com/DQmcPt9MkQ7YL7p4aNrw61zwLbg91YLMcVasMXoTkxsEasf/download.png)

Yesterday's low was $6,320. I was expecting a little lower before a reversal. We need to break $6,600 with conviction to have a chance for a daily reversal and some more sustained upside. Daily TD flipped to green 1 today. If we manage to stay in a relatively tight range today and make a new high tomorrow we will have a daily buy signal based on this indicator. The MACD has flatten out and might cross up if we advance towards the $6,700-6,800 area. The RSI will also cross 50 and become bullish at the same time. I believe BTC will surprise everyone with an upside move. The overall sentiment is quite bearish at the moment.

### Weekly: Down
### Daily: Neutral
### 4 hour: Up
### 1 hour: Neutral
### Prediction for the day
A move above $6,600

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