Bitcoin what's next
Updated
hello everyone,
the bitcoin is still trading in range... however overall it is in the bearish trend... we can possible get a swing but I have to plot the area where the price can most likely reject.
Price won't fall back badly because weekly tf showing an uptrend and forming a 3rd leg.. monthly a break out from the downtrend..
the bitcoin is still trading in range... however overall it is in the bearish trend... we can possible get a swing but I have to plot the area where the price can most likely reject.
Price won't fall back badly because weekly tf showing an uptrend and forming a 3rd leg.. monthly a break out from the downtrend..
Note
price tested the strong support trendline and pulled back... most likely we could see some bull action next weekTrade active
first resistance hitnext resistance 28443
Note
btc pulled back to main support trendline.. if broken price could fall moreNote
Strong bullish bar - price most likely hit resistance 29k or go all time high 30k+ area resistance...Note
price is moving along the strong support trendline, there is a possibility of falling wedge... bulls are still in controlTrade closed: target reached
price may pull back, could be double top... or price can create bullish divergence, high low then higher high...
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