Right now we have been in a ascending parallel channel that has been respected very nicely. In the last 3 days BTC formed a descending wedge.
The next big resistance is located at 43,5K wich is confirmed using the Fixed Range Volume Profile tool.
I would buy at the resistance level at 43,5K.
The MACD histogram is showing lower lows wich should validate the hypothesis.
If the resistance will be respected we could see a big bounce towards the 50K or 48K.
The next big resistance is located at 43,5K wich is confirmed using the Fixed Range Volume Profile tool.
I would buy at the resistance level at 43,5K.
The MACD histogram is showing lower lows wich should validate the hypothesis.
If the resistance will be respected we could see a big bounce towards the 50K or 48K.
Comment:
Bonced before, at the 44,2K volume resistance and already hit the 47,3K Mark