BTC 1w chart analyse ... broke-out or fake??
Updated
HI to all
we have a btc weekly time frame.
bullish wave, strong green candle could broke the 2/5 trend line which is the most important trend line or btc.
is it real broke-out or fake??
11200-11500 or 9600-8700??
for me that resistance zone 10300-10500 is more important actually. until the price is under this zone. we can have correction and i am bearish
but if the price can will be above this zone i will be bullish and target are in red line u can see.
red line means resistance and greens are support my friend and too important price zone
be careful market is so much exited and fomo
we have a btc weekly time frame.
bullish wave, strong green candle could broke the 2/5 trend line which is the most important trend line or btc.
is it real broke-out or fake??
11200-11500 or 9600-8700??
for me that resistance zone 10300-10500 is more important actually. until the price is under this zone. we can have correction and i am bearish
but if the price can will be above this zone i will be bullish and target are in red line u can see.
red line means resistance and greens are support my friend and too important price zone
be careful market is so much exited and fomo
Note
so after one week now we have a confirmed bull runNote
now we are at 11700..... next target 12300 is possible
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