BTC Analysis - Expecting a downward move
Updated
Lets keep it simple for every one.
BTC is currently at resistance level of 21800 - 21900 . Till now the resistance is not broken and it can fall back to the price level of 19800.
If resistance is broken , we will see a new price level of 23400.
As in long term , BTC is in downward trend , therefore probability of touching 19800 is high. I will update the Analysis with time as we see price movement.
Good Luck every one.
BTC is currently at resistance level of 21800 - 21900 . Till now the resistance is not broken and it can fall back to the price level of 19800.
If resistance is broken , we will see a new price level of 23400.
As in long term , BTC is in downward trend , therefore probability of touching 19800 is high. I will update the Analysis with time as we see price movement.
Good Luck every one.
Note
Here we go, BTC has broken the resistance and moving in upward direction. We will see 23400 as our next target while keeping 21600 as SL
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