#Bitcoin
Bitcoin is now perfectly rejecting from the black resistance of the range of $22000, this resistance is strong enough to prevent to pulls from pushing the price higher.
If bulls are able to break this resistance and close weekly/daily above 22700, the next target is between 27k and 28k.
Bitcoin Dominance
Bitcoin dominance is preparing to go higher as explained in the below chart.
according to BTC and BTC.D charts, Here is a trading plan for bitcoin:
Kindly note that the current market situation is unique and involves a huge risk, that's why you must follow a risk/ capital management plan.
I will make sure to update this chart according to the market situation.
take care and thank you.
Bitcoin is now perfectly rejecting from the black resistance of the range of $22000, this resistance is strong enough to prevent to pulls from pushing the price higher.
If bulls are able to break this resistance and close weekly/daily above 22700, the next target is between 27k and 28k.
Bitcoin Dominance
Bitcoin dominance is preparing to go higher as explained in the below chart.
according to BTC and BTC.D charts, Here is a trading plan for bitcoin:
- First, the current price range between 19k and 21k is a level of uncertainty and risky for daily and short trades.
- If bulls was able to close daily or weekly above 22700, we can open a long trade with targets of 24k and 28k.
- As long as we under the current resistance the targets will be: 19k and 17k.
- Any weekly close under 16k will lead to the next green support in the chart between 12k and 10k
Kindly note that the current market situation is unique and involves a huge risk, that's why you must follow a risk/ capital management plan.
I will make sure to update this chart according to the market situation.
take care and thank you.
