Will BTC get rejected or break resistance?
Honestly I don't know for sure which way it'll be going but if I had to guess, I reckon it'll get rejected in the upcoming week like early June. Specifically, BTC broke support in early November and now it's retesting it as resistance. With weak weekly volume & candle right now, I guess it'll get rejected or else next week, it needs a clean resistance break to confirm a relief rally.
As always, NFA; I'm just journaling my plan for the upcoming week.
As always, NFA; I'm just journaling my plan for the upcoming week.
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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.