Broken Symmetrical Triangle, 2 Resistance Above
-Hi everybody, BTC is getting interesting day by day especially this month.
-We have broken the Symmetrical Triangle and closed the daily candle above it but the question is:
Can Bulls Break the 2 Resistance above it?
-Resistance:
2 years Bearish trend line since 2017 (White Line) And
Horizontal Resistance at 9800-10000
-Bulls breaking above it could take us to the target of 11,800.
Worth Mentioning: We also have a CME gap at 11700.
Tomorrow Will be both Weekly and Monthly close so I am expecting volatility till Monday.
Have a great trading day!
Peace Out!
-We have broken the Symmetrical Triangle and closed the daily candle above it but the question is:
Can Bulls Break the 2 Resistance above it?
-Resistance:
2 years Bearish trend line since 2017 (White Line) And
Horizontal Resistance at 9800-10000
-Bulls breaking above it could take us to the target of 11,800.
Worth Mentioning: We also have a CME gap at 11700.
Tomorrow Will be both Weekly and Monthly close so I am expecting volatility till Monday.
Have a great trading day!
Peace Out!
Comment:
Today, BTC broke out the Resistance level and we are now above 10k.