going down to 34k again?
if we complete the Head and Shoulder pattern the BTC could come down to 34k.
but if we could maintain at above 20 SMA we can hit 42k then maintain a bit there and begin to rise again.
We also have a 0.5 fibonacci resistance in 36300.
and a chikou span B resistance at 37800.
the first scenario is more likely to happen.
but if we could maintain at above 20 SMA we can hit 42k then maintain a bit there and begin to rise again.
We also have a 0.5 fibonacci resistance in 36300.
and a chikou span B resistance at 37800.
the first scenario is more likely to happen.
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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.