BTC: NEED TO BREAK ABOVE THIS ACCUMULATION RANGE!!
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Welcome to this quick BTC update.
BTC is still moving in the same range. It is accumulating inside a rectangular box for more then a month. BTC is moving in a range of $18.4k to $20.4k level. Bulls need to break above the $20.4k level for a sustainable growth in BTC.
Currently, it is rejecting from the $19.7k level. We have two important resistances $19.7k and $20.4k
Until and unless we did not break and close above those resistance, all these pumps are just a trap.
Important support for BTC is at $18k, if we break below $18k then we see a quick and sharp dump.
Trade safely in this rangebound area.
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this quick BTC update.
BTC is still moving in the same range. It is accumulating inside a rectangular box for more then a month. BTC is moving in a range of $18.4k to $20.4k level. Bulls need to break above the $20.4k level for a sustainable growth in BTC.
Currently, it is rejecting from the $19.7k level. We have two important resistances $19.7k and $20.4k
Until and unless we did not break and close above those resistance, all these pumps are just a trap.
Important support for BTC is at $18k, if we break below $18k then we see a quick and sharp dump.
Trade safely in this rangebound area.
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
