BITCOIN : Bullish & Bearish Scenario... what to do??
BTCUSD
Bullish Scenario :
Price is currently moving in a narrowing structure, and the short term resistance area is around $ 35,000 . If price manages to break above the short-term resistance area and continues to holds above the support I expect the price to move higher...
Bearish Scenario :
$35,000 price range is acting as a short-term resistance area and is stopping the price to move higher and price is also moving in a narrowing structure, if price manages to break below the structure and stays below the $35,000 short-term resistance area, price may start to move lower.
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Bullish Scenario :
Price is currently moving in a narrowing structure, and the short term resistance area is around $ 35,000 . If price manages to break above the short-term resistance area and continues to holds above the support I expect the price to move higher...
Bearish Scenario :
$35,000 price range is acting as a short-term resistance area and is stopping the price to move higher and price is also moving in a narrowing structure, if price manages to break below the structure and stays below the $35,000 short-term resistance area, price may start to move lower.
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
