BTC FINALLY FACED THE RESISTANCE. WHAT TO DO?

Congratulations to all people who followed our ideas and recommendations to open LONG, we've caught the full movement from $5000 to $7000 which is more than 40% net profit without any leverage. But okay, enough is enough, let's consider BTC further movements.

We just have finally come to the major resistance level which is located at $7400 - $7700. This resistance was formed on the 8th of February 2019 and has never been broken. Moreover, at this point, we have a strong resistance according to a Fibo from the retired trend.

Conclusions are quite simple:

• 1. The price takes hold above the resistance, in this case BTC will have great chances to continue going upward and this resistance will transform into support.
  
  
• 2. The price doesn't take hold above the resistance, in this case, BTC will flat, which opens a way for $ALTCOINS. Otherwise, it will go to a correctional phase at ±$6000. This ascending support became the strongest support of the whole local uptrend. In case the price breaks one - we will see a huge red candle, but it is too early to speak about this topic.
  

If you like this idea, do not forget to put Like and subscribe to the profile, so as not to miss the update.