I'm not yet bullish on TRB until it clears all these Resistance levels. However, I'm still strongly expecting a rough ride up to $100 or more. Not a financial advice, always do your research.
Currently price is reacting to a strong resistance level marked with the solid line above. It may fail to hold thereby presenting the opportunity to refill your bags at the two temporal support levels marked with dotted lines. The two possible scenarios of price action is indicated with the arrows. NB: Not A Financial Advice. Always DYOR.
For now the double bottom even though not a perfect one shows the correction is over. The lower support sits on 58k while strong resistances is at 63k4 as clearly marked. A break and retest of that level will shoot price to previous ATH. After which a slight pull back is expected again before price finally enter price discovery range. Hold BTC no matter how small...
A break of this currrent resistance being faced price will go wide to $14.5 as can be seen on the chart indicated with the yellow arrow. The Price action is historical.
$0.3128 price level is a critical level for dogecoin. A break and retest of that level will send us back to $0.35. Scale down to hourly time frame to observe the behavioral patterns of the price action.
If the Kingkong BTC did not misbehave expect Ankr to do more than this in a short term perspective of about two(2) to three(3) months period. Add Ankr to your watchlist.
As clearly seen price restested the suport shown with the yelloow arrow. If price breaks the support btc will turn bearish in a short term. It will be good to exit all trades on alt coins especially the ones on profits or break even once btc drops below $46700 and failed to bounce in order to rebuy at lower prices. The next btc support is around the price range...
Keep an eye on that Rectangle, a break on either side of it you know what to do. Avoid ranging market however If you want to trade the range use the yellow lines to mark your entry and exit points don't be greedy always take profits no matter how little. Never a financial advice.
