In this idea you can see that the BTC price on the 15M chart (15 Minutes per candle) is crossing the resistance line after reaching a low level. The High level has been set at around 43365 Level. As for the new the price broke a resistance level it is possible that the price will continue to decrease.
What do we see (?)
- An decrease of -2.52% since the previous high.
- Break of the resistance level around: 42020
In my opinion it is possible that the price will lower and a SELL position is suitable in this matter.
*This Analysis is for educational purposes only and is not financial advise.
What do we see (?)
- An decrease of -2.52% since the previous high.
- Break of the resistance level around: 42020
In my opinion it is possible that the price will lower and a SELL position is suitable in this matter.
*This Analysis is for educational purposes only and is not financial advise.
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