BTC - D1 - WATCH MID BOLLINGER BAND @ 38'900 !
D1 : BTC is facing one of the most important resistance level, which is the Mid Bollinger Band, currently @ 38'900.
Indeed, a closing, today, above this important level would be the first signal for further upside !
A breakout confirmation of this level (on a closing level, of course !) would also confirm the upside breakout of a triangle
formation.
Next significant resistance level, being 41350 ahead of 44835 (being also the KS level)
As usual, watch carefully at shorter time frames to get clues.
Have a nice trading day.
All the best
Take care
Ironman8848
Indeed, a closing, today, above this important level would be the first signal for further upside !
A breakout confirmation of this level (on a closing level, of course !) would also confirm the upside breakout of a triangle
formation.
Next significant resistance level, being 41350 ahead of 44835 (being also the KS level)
As usual, watch carefully at shorter time frames to get clues.
Have a nice trading day.
All the best
Take care
Ironman8848
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.