BTC in range waiting to jump
For a more detailed analysis of the BTC/USD chart with the weekly resistance (black), daily resistance (red), and hourly trend (blue) lines, consider the following points:
Resistance Levels:
Weekly Resistance (Black): This line indicates a stronger resistance level where the price might face significant selling pressure and move downwards.
Daily Resistance (Red): This line represents a resistance level that acts over a shorter time frame compared to the weekly resistance.
Hourly Trend (Blue): This line shows the short-term price trend, which can act as a support or resistance level.
Price Patterns:
Triangle Pattern: If the trend lines converge, a triangle pattern might form, indicating a period of price
beware
stop hunt til 59100
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