Major Resistance Ahead for Bitcoin.
Updated
Bitcoin is approaching a major resistance point that it has already failed on the last two candles, forming a pivot. If this pivot begins to fail for a third time I will look for a Daily short play with a loose target around the daily pivot high and daily pivot low.
If we can S/R flip this Weekly Pivot then I will look for a Daily Long play with a loose target around 8900-9400.
If we can S/R flip this Weekly Pivot then I will look for a Daily Long play with a loose target around 8900-9400.
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8400 resistance perfect failure.
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