$BTCUSD - Decisive resistance
Hi guys! 👋🏻
🔔 There is a strong resistance being tested by Bitcoin right now.
🔔 BTC will most likely drop to $37350 if doesn't break above this resistance.
🔔 There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern.
🔔
48K would be the first major resistance, if closes above $42000
🔔 If Bitcoin closes below $37350 it might as well drop to the lows of 2021 at $30275
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 There is a strong resistance being tested by Bitcoin right now.
🔔 BTC will most likely drop to $37350 if doesn't break above this resistance.
🔔 There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern.
🔔
48K would be the first major resistance, if closes above $42000🔔 If Bitcoin closes below $37350 it might as well drop to the lows of 2021 at $30275
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Nothing is true, everything is permitted.
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