Bitcoin | Weekly Update..!!
BTC/USD (Bitcoin)
As all You Know, BTCUSD is Forming Falling/Descending Channel since June '19 Top..& Now it's Almost Completed it.
In Couple of Weeks,It'll Breakout or Break Down..(Mostly Chances of Breakout)
For Breakout, BTCUSD Need Some Strong Buying Volume & Need to Break strong Resistance 8k As well.
According to Volume Profile Indicator, 8k is Strong Resistance & 6.4k is Strong Support Regions.
According to Moving Averages, EMA100 (7k) is Also a Strong Support & EMA50 (8k) is Strong Resistance.
Please, give us your opinion in the comments.!!
If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
As all You Know, BTCUSD is Forming Falling/Descending Channel since June '19 Top..& Now it's Almost Completed it.
In Couple of Weeks,It'll Breakout or Break Down..(Mostly Chances of Breakout)
For Breakout, BTCUSD Need Some Strong Buying Volume & Need to Break strong Resistance 8k As well.
According to Volume Profile Indicator, 8k is Strong Resistance & 6.4k is Strong Support Regions.
According to Moving Averages, EMA100 (7k) is Also a Strong Support & EMA50 (8k) is Strong Resistance.
Please, give us your opinion in the comments.!!
If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
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