BTC has hit a significant resistance TL that has been there for a few months. At the same time, the previous month resistance is now looking to act like support (RED TL).
So consolidation here, to either break to the upside or downside.
If we break this resistance TL, it will likely move towards the 28 to 30k to be tested.
Looking at the SPx500, it lines up with my expectations for its target based on the current structure.
Please give me a like and share,
Regards, S.SAri
Comment
Comment
TEAM, I was documenting some stuff for my online training and I was using this BTC current price as a strategy.
From this, I have concluded with absolute certainty, that if we lose 21600 with a 4 hrly or more candle to close below it, we will head much more down.
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