Bitcoin it face huge pressure downside.
With 2 critical resistance above it, and with one double resistance
it is necessary to find huge volume for an upward movement.
In the downside, one double support that it offers a bit safety
and another one support below, seems the downside movement is
more easy to be done.
Personally i will pay my attention to the two doubles areas...
Double Support and Double Resistance are the areas i will be
looking for.
I do not discuss the possibility of trading at this current situation
simply cause any trade is just a gamble.
My opinion
With 2 critical resistance above it, and with one double resistance
it is necessary to find huge volume for an upward movement.
In the downside, one double support that it offers a bit safety
and another one support below, seems the downside movement is
more easy to be done.
Personally i will pay my attention to the two doubles areas...
Double Support and Double Resistance are the areas i will be
looking for.
I do not discuss the possibility of trading at this current situation
simply cause any trade is just a gamble.
My opinion