BTC - At $10k Resistance Yet Again!
Helloooo BTC traders hodlers friends! Grandpa is at 10k resistance again, after we followed through from yesterday's analysis:
If we reject now, we can further tighten between 10k and 9,4k before we see a clear breakout coming, either going for the resistance again, or coming to the bottom range.
The bullish option would be to build a few Doji candles around the resistance zone and break through in one push, which is the rather unlikely scenario.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
If we reject now, we can further tighten between 10k and 9,4k before we see a clear breakout coming, either going for the resistance again, or coming to the bottom range.
The bullish option would be to build a few Doji candles around the resistance zone and break through in one push, which is the rather unlikely scenario.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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