💎BTC: Tested Major Resistance Trendline, Must Close Above......
Updated
Hello Dear Traders,
in last post i discussed about btc trading in falling channel and approaching for upper trendline resistance. after posting the idea btc tested upper trendline resistance and as expected we seen selling pressure once it touched the trendline. Btc must break above trendline as soon as possible otherwise sellers will take control again and they will drag down btc again.
BTC must give closing above 58900$ on daily candle for proper validation of breakout.
Next Post is on Alts market cap, will discuss about is this time to pullout the money frm alts??
in last post i discussed about btc trading in falling channel and approaching for upper trendline resistance. after posting the idea btc tested upper trendline resistance and as expected we seen selling pressure once it touched the trendline. Btc must break above trendline as soon as possible otherwise sellers will take control again and they will drag down btc again.
BTC must give closing above 58900$ on daily candle for proper validation of breakout.
Next Post is on Alts market cap, will discuss about is this time to pullout the money frm alts??
Note
As Expected BTC gave Breakout from Falling channel
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