Bitcoin
Updated

FACING A MAJOR RESISTANCE, WILL IT BREAK ?

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Hi traders, jump right in, if you followed me going LONG at 9740, then congratulation, it's near the time to take profit. We have a major resistance at 11675. If it breaks, 12355 Sell-zone will be the next target. However, we still need more volume and it's kind of overpriced now, so it should find support at our 10840-10650 Buy-zone.

Now we need to watch price action at 11675. I suggest you taking 50% at that price. We can jump in after confirming its signal.

Remember, we are in a long-term uptrend. If it went down, don't be FUD, we buy some more cheap coin.

As always, sorry for my bad English and safe trading everyone!

From an emotionless chart analyst, MrPalmTree
Note
Updated Analyst

PREPARING FOR THE 12K BITCOIN ?

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