Bitcoin rejected from bottom bolinger on daily and moving up to retest red resistance band on daily, between 40800-44300.
On 4 hr chart price breaking above red resistance band and retesting it now to check if it will become green support.
Price breaking through bunch of declining moving averages. And bitcoin target is top bolinger band on 4hr and that corresponds with red resistance band on daily. Most likely it will decline from there’s again.
In idea attached below few possible scenarios of breaking through daily resistance band.
On 4 hr chart price breaking above red resistance band and retesting it now to check if it will become green support.
Price breaking through bunch of declining moving averages. And bitcoin target is top bolinger band on 4hr and that corresponds with red resistance band on daily. Most likely it will decline from there’s again.
In idea attached below few possible scenarios of breaking through daily resistance band.
