BTC is in a triangle state. Which very healty i think after a massive rally it is nice to cool for a while.
Resistance 1: 14750 $
Its 150Period MA (4h) . First we need to break this level, i believe that i will break within 24 hours.
Resistance 2: 16150$
Its the upper line of our triangle pattern. We have to option there
1. Break it and run up to 20000
2. Bounce back to down from this level, in that case we will be looking for the lower bound of the triangle. which will be 13700 $. Strong support line.
Thanks for follows, agrees, likes
Resistance 1: 14750 $
Its 150Period MA (4h) . First we need to break this level, i believe that i will break within 24 hours.
Resistance 2: 16150$
Its the upper line of our triangle pattern. We have to option there
1. Break it and run up to 20000
2. Bounce back to down from this level, in that case we will be looking for the lower bound of the triangle. which will be 13700 $. Strong support line.
Thanks for follows, agrees, likes