Bull vs Bear back as price forms double top on uptrend channel
Hovering at 11500 twice the price was not able to break resistance and falls yesterday to retrace back to support area with in the uptrend channel.
This is supposedly the decision point of which will remain strong. Will the uptrend channel continues after price the fresh retrace or the double top will push it below 9000?
The next candle are likely to give us the answer.
MACD looks stable but RSI is at a critical point. RSI is at 45 hence it got room for both movements regarding price it got room for a price and a price up.
Trade at your own risk. This is just another idea out there
Tip to support :
BTC : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
This is supposedly the decision point of which will remain strong. Will the uptrend channel continues after price the fresh retrace or the double top will push it below 9000?
The next candle are likely to give us the answer.
MACD looks stable but RSI is at a critical point. RSI is at 45 hence it got room for both movements regarding price it got room for a price and a price up.
Trade at your own risk. This is just another idea out there
Tip to support :
BTC : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
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