Current move of #btc 10500 support , 11600 resistence , in this zone btc didnt choose its direction until now
We have 2 ways for btc and waiting which way it will choose :
1st way breaking the Green line trend resistence of the channel and make Reversal H&S , with targets 11200-13000-13800 and if break 14k next target will be 16k zone
2 way : moving down slowly until break 10500 Major support and contenue to 9800-9500-8800 ( these zones is the best buy zone ) and it may take 1-2 weeks before break the support
BTC long term trend convert bullish trend if stay above 8800 in daily close candle
Current zone not zone for trading btc before breaking support or resistence for me and it may be good zone for trading some altcoins
and you what do u think about btc next move ?
1- up and break resistence ?
2- breaking 105000 support
let me see ur comment let me see ur comment
We have 2 ways for btc and waiting which way it will choose :
1st way breaking the Green line trend resistence of the channel and make Reversal H&S , with targets 11200-13000-13800 and if break 14k next target will be 16k zone
2 way : moving down slowly until break 10500 Major support and contenue to 9800-9500-8800 ( these zones is the best buy zone ) and it may take 1-2 weeks before break the support
BTC long term trend convert bullish trend if stay above 8800 in daily close candle
Current zone not zone for trading btc before breaking support or resistence for me and it may be good zone for trading some altcoins
and you what do u think about btc next move ?
1- up and break resistence ?
2- breaking 105000 support
let me see ur comment let me see ur comment
Trade active
Bearkout up Targets short term 11800-12000-12200
Mid term 13000-13800 may add more targets
Trade closed: target reached
1st short term target reached 11800next target 12k-12200
Trade closed: target reached
2nd target short term reachedTrade closed: target reached
3rd target short term reached 12200Trade active
Trade closed: target reached
13k target doneTrade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.