BTC next resistance
Updated
next btc resistance here, will test neckline and either:
1. break into ichimoku cloud and try to find new support
2. get denied and continue its bear trend to find support somewhere lower
Good place to watch although i do not recommend opening any positions based on this idea since there is a high possibility of a fakeout.
1. break into ichimoku cloud and try to find new support
2. get denied and continue its bear trend to find support somewhere lower
Good place to watch although i do not recommend opening any positions based on this idea since there is a high possibility of a fakeout.
Note
got denied at neckline, now there is a larger inv h&s whose neckline is now being retested after the breakoutNote
as you can see btc tried to retest and travel along the neckline but had a very clear denial and broke down towards 10k levels.
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