BTC : Will This Trendline Allow For Breakout ?
Hello Dear Traders,
as u can see in chart there are 2 trend lines one is upper and second is lower
upper trend line gives selling pressure once this trend line is tested
and lower trend line gives buying pressure once price tests th line
price has bounced frm lower trend line support and testing upper resistance trend line
if price stays near 16700 more than a 2hr then i m expecting little correction frm 16700 area to 16200
Weekly candle analysis is coming in next idea
as u can see in chart there are 2 trend lines one is upper and second is lower
upper trend line gives selling pressure once this trend line is tested
and lower trend line gives buying pressure once price tests th line
price has bounced frm lower trend line support and testing upper resistance trend line
if price stays near 16700 more than a 2hr then i m expecting little correction frm 16700 area to 16200
Weekly candle analysis is coming in next idea
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