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Joined Apr 5, 2020
btc
chartpattern
indicator
ltf
trendanalysis
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Trapped Between massive confluence Areas, Bitcoin is finding a initial strong resistance upon 8850 levels. I Expect Bitcoin to test support at 0.618 /7530 support for another attempt into the highs were is expect to move up till -0.618 on a 1:1 extension around 8080 There it will find found the the next resistance and critical area 8100-8200
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Trapped Between massive confluence Areas, Bitcoin is expected to make a move on soon. The way I see it , Bitcoin will retest the 7350-7270 area liquidity and then will make an attempt to the highs into 8100-8200 area were it will top out or proceed for a massive run up to the 9000 area.
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