Things have sprung up! This the area i was hoping we would hit. If we dont continue to retest until a break through over some time at this resistance, we could see a lot longs get liquidated! $3650 Area is whats propping it up at the moment!
Hoping we can continue the drive upward. But after Looking at the volume profile, it shows the sells spiking out over any buys. With buy volume getting weaker at the moment. Unless it picks up, we could make a fall to last support!
We need to test the $3650 area. If it fails to to this, we could easily see a drop back down to support!
Looking for more upside. Hoping we can finally see a short run up to the $3500 zone!
If it can break $3940, it has a void on volume and It could run up some. If it bounces off of it, we return to the low region again!
Bitcoin has been ranging in this zone for days now. The volume profile shows us that we need to get above the $4030 Zone and Hold. If not we could retest prior lows.