BTC/USD (Bitcoin)
Yesterday BTCUSD Did Well After Testing Crucial Support (6600) & Descending Channel's Bottom With Double Bottom & Bullish Divergence in Daily Chart..
Now Facing Tiny Resistance Daily EMA21 (7282) (If Broke it Then Next Target Will be 7800)
According to VPVR (Volume Profile), 7800-8200 is the Key Resistance Area & Downtrend Breakout Zone As well..
Bitcoin Next Plan..!!
BTCUSD Rejected the Resistance Last 4 Times & Now Towards the 4H EMA50 & Key Support (7048)
I think BTC Will Test the Support & If Hold it Then It Might Breakout the Resistance in 5th Attempt.
If Resistance Broken then it might Test 7862..!!
Bitcoin Dominance..!!
Bitcoin DOM is Continuously Increasing & Almost Broke the Key Resistance as well..
That's Not a Good Sign For ALTS..(Only Strong ALTS Will Survive in This Market)
Please, give us your opinion in the comments.!!
Yesterday BTCUSD Did Well After Testing Crucial Support (6600) & Descending Channel's Bottom With Double Bottom & Bullish Divergence in Daily Chart..
Now Facing Tiny Resistance Daily EMA21 (7282) (If Broke it Then Next Target Will be 7800)
According to VPVR (Volume Profile), 7800-8200 is the Key Resistance Area & Downtrend Breakout Zone As well..
Bitcoin Next Plan..!!
BTCUSD Rejected the Resistance Last 4 Times & Now Towards the 4H EMA50 & Key Support (7048)
I think BTC Will Test the Support & If Hold it Then It Might Breakout the Resistance in 5th Attempt.
If Resistance Broken then it might Test 7862..!!
Bitcoin Dominance..!!
Bitcoin DOM is Continuously Increasing & Almost Broke the Key Resistance as well..
That's Not a Good Sign For ALTS..(Only Strong ALTS Will Survive in This Market)
Please, give us your opinion in the comments.!!
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