BTC Double Bottom
Quick Bitcoin update :
BTC has consolidated and shown strength after double bottoming at previous resistance, creating nee support at 21440. I would like to see a push towards strong resistance sitting at 22,620 - depending how the Paxos news folds out I'II remain #bullish.
Current S/R Levels
Support :
21440 (current)
20680 (weak)
A break of weak support would likely push us back into bear territory, as there are no valid supports until ~18440.
Resistance:
21620 (strong)
23450 (key resistance)
24250 (psychological)
BTC has consolidated and shown strength after double bottoming at previous resistance, creating nee support at 21440. I would like to see a push towards strong resistance sitting at 22,620 - depending how the Paxos news folds out I'II remain #bullish.
Current S/R Levels
Support :
21440 (current)
20680 (weak)
A break of weak support would likely push us back into bear territory, as there are no valid supports until ~18440.
Resistance:
21620 (strong)
23450 (key resistance)
24250 (psychological)
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