BTC / USD
BTC still inside descending channel
It was really boring phase inside this range
What next ? Can Breakout this time or dump again ?
According to chart BTC has this time a higher chance to Breakout because this is the 5th time to test resistance and potential inverse head and shoulders
But take care because if rejected hard like every time it can drop below 30k this time
Important Supports :
1st : between 34.8k - 33k
2nd : 30k-29k (potential lower low)
Important Resistances :
1st : between 38k-39k
2nd : between 41k-42.5k (daily close above this bulls will have the upper hand)
Today is weekly close which is very important for watch
What can we advice : extended patience .. opportunites are endless but your money not
Good luck every one and have nice weekend
BTC still inside descending channel
It was really boring phase inside this range
What next ? Can Breakout this time or dump again ?
According to chart BTC has this time a higher chance to Breakout because this is the 5th time to test resistance and potential inverse head and shoulders
But take care because if rejected hard like every time it can drop below 30k this time
Important Supports :
1st : between 34.8k - 33k
2nd : 30k-29k (potential lower low)
Important Resistances :
1st : between 38k-39k
2nd : between 41k-42.5k (daily close above this bulls will have the upper hand)
Today is weekly close which is very important for watch
What can we advice : extended patience .. opportunites are endless but your money not
Good luck every one and have nice weekend