Bitcoin managed to push away another attempt to break lower and climbed throughout the week.
We saw a great run and BTC was able to climb up the ladder by not breaking it supports.
Now what is it we are looking for?
Well, Daily closing is doing just fine in terms of market condition, but weekly candle is very important NOW.
In 10 hrs the weekly candle will close so finger crossed we need a closing of min 33k for BULLISH MONDAY.
Now traders are skeptical atm about MONDAY, Will Monday opening gonna effect the market in more positive way or negative way?
Personally, since the RSI and the KDJ are already on a very high level, I expect a a little downtrend if around the shown resistance line.
Keep ur eye on the charts and trades, And don't leave trades unattended. A little panic in the market might change the course of action
The Altcoins vs Bitcoin pairs (ALTSBTC), the ones we trade, will continue bullish /higher highs and higher lows... All that is needed is patience with those.
When the summer is over, we will get back to massive growth. iA
Resistance:- 33300/35200/36800
Support:- 32000/30700
We saw a great run and BTC was able to climb up the ladder by not breaking it supports.
Now what is it we are looking for?
Well, Daily closing is doing just fine in terms of market condition, but weekly candle is very important NOW.
In 10 hrs the weekly candle will close so finger crossed we need a closing of min 33k for BULLISH MONDAY.
Now traders are skeptical atm about MONDAY, Will Monday opening gonna effect the market in more positive way or negative way?
Personally, since the RSI and the KDJ are already on a very high level, I expect a a little downtrend if around the shown resistance line.
Keep ur eye on the charts and trades, And don't leave trades unattended. A little panic in the market might change the course of action
The Altcoins vs Bitcoin pairs (ALTSBTC), the ones we trade, will continue bullish /higher highs and higher lows... All that is needed is patience with those.
When the summer is over, we will get back to massive growth. iA
Resistance:- 33300/35200/36800
Support:- 32000/30700
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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.
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.