Hello, we see this FOMO breakout from yesterday Tether news, but what exactly it was?
Well on the chart we see big resistance (yellow trend), and price still under this line.
As we know from the past $6800 is very important Resistance/Support level, which can be used as bullish entry for this year.
Now price under this level on every exchange.
Price in a range of $6400-6800 (some exchanges are $6300-6800)
CMF moving in Descending Wedge pattern:
Moving Averages on Daily chart acting like resistances
^And as you can see on some exchanges price still Under Resistance of Yellow triangle.
So my point is to going long on strong breakout of 6800 on most liquid exchanges, targets as shown on chart. Untill that moment - stay away from any active ALT_USD position.
This is my Bitcoin Price Prediction!
Good luck and have fun!
Well on the chart we see big resistance (yellow trend), and price still under this line.
As we know from the past $6800 is very important Resistance/Support level, which can be used as bullish entry for this year.
Now price under this level on every exchange.
Price in a range of $6400-6800 (some exchanges are $6300-6800)
CMF moving in Descending Wedge pattern:
Moving Averages on Daily chart acting like resistances
^And as you can see on some exchanges price still Under Resistance of Yellow triangle.
So my point is to going long on strong breakout of 6800 on most liquid exchanges, targets as shown on chart. Untill that moment - stay away from any active ALT_USD position.
This is my Bitcoin Price Prediction!
Good luck and have fun!
🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk
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