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BTC touched resistance break out or rejection?
Bitcoin / TetherUS PERPETUAL CONTRACT
BTC touched resistance break out or rejection?
By parissap
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Updated
Jul 20, 2022
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Jul 18, 2022
#BTC/USDT
BTC
reached a resistance zone
so be careful about your long positions!
🐮 break out from this resistance zone can increase price to resistance zone around 28k that is near GAP zone I mentioned in one analysis.
🐻 rejection from current resistance zone will drop price to lower zone of this sideway move.
what do you think:
break out or rejection?
Jul 20, 2022
Trade active
#BTC/USDT
#update
BTC
had a clear break out above resistance zone, now will head up to fill the GAP between $27355 and $28920 ☀️
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