Market struture support at 19.4kish levels. Falling wedge on weekly. Previous weeks are bullish with solid bullish volume which signifies more buying happened at support. Btc if manages to close and hold above 200weekly MA next resistance to test is at upper trendline resistance of the falling wedge. -Key resistances to be broken 26.7 - 28.6k - 30k (major).
This analysis was done, considering not only technical analysis, but also my forecast of the global economy. chat me up to get a full report of this analysis
Heading to our first selling zone $7036/$7189, then retest of the neck line at $6800, now be careful Opening longs here, this retest Could fail and we could start dropping (40% for this idea). Next selling Zone and more risky one between $7400/$7500, You don't need to be the last person selling at the highest price, don't use one target use a Zone, for this idea i...