BTC BULL RUN (NEW YEAR ANALYSIS)
I've had my devices vibrating with notifications of 
BTCUSDT.P breaking the 
98K level which happened to be a significant level, but the questions are;
1. Where will it trend next?
2. Where are the next stops?
All necessary informations are drawn on the chart. The contract is still very bullish after we witnessed a break of structure that led to the98K resistance breakout, we should look to see BTC retest and take orders from our block of orders around the 
97K price area. For next stop our possible entry should be around the 97K and we should seek to take profit around the 102k price area. Nevertheless, it is worthy to note that breakdown below the 96k could entirely change the structure of our charts.
Happy New Year!
LEAVE A FOLLOW.
BTCUSDT.P breaking the 98K level which happened to be a significant level, but the questions are;1. Where will it trend next?
2. Where are the next stops?
All necessary informations are drawn on the chart. The contract is still very bullish after we witnessed a break of structure that led to the
98K resistance breakout, we should look to see BTC retest and take orders from our block of orders around the 97K price area. For next stop our possible entry should be around the 97K and we should seek to take profit around the 102k price area. Nevertheless, it is worthy to note that breakdown below the 96k could entirely change the structure of our charts.Happy New Year!
LEAVE A FOLLOW.
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.