BTCUSDT is below historical resistance 🦐

By InkyGrip
Updated
BTCUSDT is below historical resistance, one of the first rules is don't buy below resistance, and another rule is "trend is your friend".
At the moment the price is trying to have a breakout from huge resistance, IF the price will have a breakout, we need to wait for confirmation, otherwise, the price could have a retracement on 0.618 Fibonacci level, previous weekly resistance.

You need to wait at the moment.
Comment
Everything as expected
"At the moment the price is trying to have a breakout from huge resistance, IF the price will have a breakout, we need to wait for confirmation, otherwise, the price could have a retracement on 0.618 Fibonacci level, previous weekly resistance."

snapshot
Bitcoin (Cryptocurrency)bitcoinforecastbitcoinpricebitcoinusdChart PatternsfibonaccianalysisFibonacci RetracementTrend AnalysisWave Analysis

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