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imRedaSouhail

Finally, $BTC breaking out the resistance area

BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)  
imRedaSouhail Updated   
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Supply and Demand Trend Lines Support and Resistance bitcoinforecast bitcoinprice imredasouhail ismashprofit
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supplyanddemand trendline supportandresistance bitcoinforecast bitcoinprice imredasouhail ismashprofit
Finally, BTC breaking out the resistance area.

Wait for the 4-hour candle close above this area.

This may be a fakeout also and leave a wick above the resistance area.

Wait for more confirmations.
Comment:
Bitcoin is stuck in a sideways range between $ 46,500- $ 50,500.

The bulls have been looking more confident for the third day and are gradually pushing the price towards the upper border of the corridor. While bitcoin slows down, the alts shoot and hit the highs

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