BTCUSDT $30200 Weekly Update Monday June 26th 2023 #26
Bitcoin rallied back up to retest its 31-32k resistance
The rally has caused the 2D up the W macd to flip moment from bearish to Bullish
To support this uptrend momentum, bulls have 28.7-28.4 as support.
The invalidation (SL) point being at 27.3k.
Resistance will remain 31-32k till broken.
Secondary resistance at 35-37k
Will discuss 24-22k support if price breaks below the 27.3-27.5k
Support
28.7-28.4
SL 27.3
Targets
31.5k (Close 40-50%)
35-37k (Close 40-50% )
Bitcoin rallied back up to retest its 31-32k resistance
The rally has caused the 2D up the W macd to flip moment from bearish to Bullish
To support this uptrend momentum, bulls have 28.7-28.4 as support.
The invalidation (SL) point being at 27.3k.
Resistance will remain 31-32k till broken.
Secondary resistance at 35-37k
Will discuss 24-22k support if price breaks below the 27.3-27.5k
Support
28.7-28.4
SL 27.3
Targets
31.5k (Close 40-50%)
35-37k (Close 40-50% )
