You can see a Bull flag (blue lines) And symmetrical triangle (white lines); BTC should face EMA50 & Downtrend line (red line) and should break triangle & flag to the upside!!! (too much work to do BTC!!! lol!) So i think there is a very heavy resistance on 8500, if BTC can pass it so we will see the upward moves BUUUUUUUT i'm totally bearish and i vote for the downside! lets see whats gonna happen ... Peace <3
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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.