imk1983-fX
Bitcoin must break and close above resistance and best scenario for bullish is for it to close above 10500 - then it is onwards and upwards Bearish scenario would be a double top formation around the 10k mark and a deep dive to the levels indicated. I will be looking to add to positions only above 10500 or when it comes and test the support levels indicated......
Possible opportunity for relief around 1720-1725 area before a push up to 1790-1830 I will look for value before buying in this rally. Already have positions from sub 1700 This is not trading advice nor a signal service. Trade at your own risk
If it breaks channel and retests successfully - I will be in Long position with two targets as shown. IF price fails to break channel and close fails close above channel. This idea is not valid. This is not trading advice nor a signal service -only analysis