BTC decision point is very near
Updated
BTC/USDT
price is still accumulating and moving inside classic triangle
the decision point is very near (at apex)
be ready because the breakout directional will likely happen in next few days
indicators favor the upward breakout
1- we have MACD finally bullish in daily chart
2- RSI bottomed out and bullish div
3- greed/fear index = extremely fear
all these mean bottom is very near or already touched
above 37K bulls have the upper hand
below 34K bears have upper hand
important supports = 35k-34k-30K
important resistances = 41k-46k-50k
Dont forget to like my ideas for more good calls and analysis
price is still accumulating and moving inside classic triangle
the decision point is very near (at apex)
be ready because the breakout directional will likely happen in next few days
indicators favor the upward breakout
1- we have MACD finally bullish in daily chart
2- RSI bottomed out and bullish div
3- greed/fear index = extremely fear
all these mean bottom is very near or already touched
above 37K bulls have the upper hand
below 34K bears have upper hand
important supports = 35k-34k-30K
important resistances = 41k-46k-50k
Dont forget to like my ideas for more good calls and analysis
Note
UPDATE : BTC almost touched upper resistance and show some rejection ..now its inside triangle again
Major support between 35500 -34600 should hold
any close above 39k will push the price toward 4Xk
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