ONTBTC - looking for a lower high

Hello Fellow Traders,

First of all, if you agree with this idea please give it a like. It will motivate me to keep on posting more content to you all. If you have idea’s than you can share them in the comments below!

History showed that it isn’t wise to predict if price will go up or down. You must take all possible outcomes in consideration. Everything is possible at any moment at any time.

I will share my thoughts of the current market situation and any possible targets. You can make your conclusion out this and make your own decision how to play it!

On the chart you can see that we broke support twice. I believe that we will see a retest of that broken area before dropping more. Everything under 896 sats is just a lower high.

854 is a important level because there we have the broken support which can now act as resistance. If we can’t move to that level we might drop to the next major support @ 700 sats.

-Cynocephalus volans -