BTC weekly resistance
Depicted scenario is what i believe BTC will perform if BTC would be rejected from the weekly OB since the trend is more bearish to me than bullish because of lower high and lower lows.
However there also the possibility to see BTC will perform Strong and will push through weekly OB.in related ideas you will find my previous analysis on BTC which i was expecting BTC would reach Weekly OB and then go lower however it didn‘t happen and BTC immediately went lower.
Maybe this time it will act as resistance and push price down to fulfill the weekly FVG.
Lets see how its gonna play out…Always a Student!
However there also the possibility to see BTC will perform Strong and will push through weekly OB.in related ideas you will find my previous analysis on BTC which i was expecting BTC would reach Weekly OB and then go lower however it didn‘t happen and BTC immediately went lower.
Maybe this time it will act as resistance and push price down to fulfill the weekly FVG.
Lets see how its gonna play out…Always a Student!
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