BTC UPDATE:- Finally after a long time, BTC gives a breakout in the daily time frame. It breaks the descending triangle here and currently trading below the $20.4k resistance level.
Now from here, we have two possible scenarios. One is that we see a straight breakout of this resistance level or we might see some correction from here. If we get a correction from here then we start taking some longs. As of now wait for a clear move is much better to longing at the resistance.
Stay tuned and pin our channel at the top.
Now from here, we have two possible scenarios. One is that we see a straight breakout of this resistance level or we might see some correction from here. If we get a correction from here then we start taking some longs. As of now wait for a clear move is much better to longing at the resistance.
Stay tuned and pin our channel at the top.
BTC UPDATE:- BTC looks good in shorter time frame. Breaks out from the bullish pennant like structure in 4hr time frame but still there is some resistance here. We need a close above this red box. Once we close above it, we are ready to go to test $24k-$25k level.
Keep an eye. Stay tuned and pin our channel at the top for more updates.
Keep an eye. Stay tuned and pin our channel at the top for more updates.
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