Bitcoin got rejected by resistance once more.
There's a support zone pushing up the price on the lower Bollinger band, and even if that doesn't support it enough, there are two static supports which are powerful.
There are two resistance zone on the way back up, and one of them (the red one) is the key resistance we need to pass in order to have a breakout.
There are strong buy volumes in the market so don't open short positions without confirmations.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $57635
Good Luck
Tell me your ideas. Like and Share
There's a support zone pushing up the price on the lower Bollinger band, and even if that doesn't support it enough, there are two static supports which are powerful.
There are two resistance zone on the way back up, and one of them (the red one) is the key resistance we need to pass in order to have a breakout.
There are strong buy volumes in the market so don't open short positions without confirmations.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $57635
Good Luck
Tell me your ideas. Like and Share
