BTCUSD - Imminent Breakout
Greetings friends,
Bitcoin has been staying right below the resistance without any rejection. The lower timeframe shows the resistance has been repeatedly tested. The more the level is tested, the weaker the level is. A breakout to the upside is coming for Bitcoin. The clock is ticking.
For those who are looking for confirmation can look for long entry after the break of resistance and long during the retest. X mark the target.
If you find my analysis useful, like and subscribe are greatly appreciated.
Disclaimer: I am not a financial advisor and you should always do your own research before engaging any trade.
Bitcoin has been staying right below the resistance without any rejection. The lower timeframe shows the resistance has been repeatedly tested. The more the level is tested, the weaker the level is. A breakout to the upside is coming for Bitcoin. The clock is ticking.
For those who are looking for confirmation can look for long entry after the break of resistance and long during the retest. X mark the target.
If you find my analysis useful, like and subscribe are greatly appreciated.
Disclaimer: I am not a financial advisor and you should always do your own research before engaging any trade.
Disclaimer
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