BTCUSDT4H trend chart
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Key Resistance for BTC
1) 39000-----Tops of triangle(mentioned in last post)
2) Long-term downtrend line from ATH
BTC is approaching to them now.
These two resistance can be combined as a key level, needed to be overcame for BTC to go back to bullish path.
If it can break out the resistance, trading strategy as below.
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Profit Targets:
a) 39661~40221.5----Fib(1.272~1.382)
b) 40795----Fib(1.618)
c) 42047.5----Fib(2)
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。