Potential Indecision @Breakout level @BTC
If we see a developement of a indecision between the supplyline(pink) and the actual lows / and 620
a breakout either side would give further clues , to what levels we might trade towards too..
a Breakout to the Upside would indicate strenght ,with a rallie till 810 ahead , this breakout would probably
be wild and volatile ie. momentum driven . due to the pressure it builds up @ res./supply level..
a Breakout to the downside below 620 would indictae further weakness ,, and price may come to an halt
on 550 again.. wich acts as pot. support .. wich would confrim a range between res. 690 and sup. 550
trades can be found at 550 /620/ 690 ... with a chance of bracketing if the indecision does play out.
a breakout either side would give further clues , to what levels we might trade towards too..
a Breakout to the Upside would indicate strenght ,with a rallie till 810 ahead , this breakout would probably
be wild and volatile ie. momentum driven . due to the pressure it builds up @ res./supply level..
a Breakout to the downside below 620 would indictae further weakness ,, and price may come to an halt
on 550 again.. wich acts as pot. support .. wich would confrim a range between res. 690 and sup. 550
trades can be found at 550 /620/ 690 ... with a chance of bracketing if the indecision does play out.
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