Hey guys!
Like shown in my last TA, BTC bounced back from 10000 and had a massive drop within last weeks.
The main question: Where to go?
We got several Support/Resistance Areas.
6000-6500
7500-8000
9500-10000
Now we got some Problems to break out through 7500-8000 Resistance like in the start of April.
If this Resistance falls, what is very likely, green days will come.
We got some longterm trend lines supporting this idea. (blue in graph)
Target 1: 8500 ... i think the graph will hit our longterm trendline there
Target 2: 10000 the next big resistance, will be hard to break out.
SL: 6800 If Chart breaks lower trendline, the next stop will be 6000 Support area
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Happy trading!
Like shown in my last TA, BTC bounced back from 10000 and had a massive drop within last weeks.
The main question: Where to go?
We got several Support/Resistance Areas.
6000-6500
7500-8000
9500-10000
Now we got some Problems to break out through 7500-8000 Resistance like in the start of April.
If this Resistance falls, what is very likely, green days will come.
We got some longterm trend lines supporting this idea. (blue in graph)
Target 1: 8500 ... i think the graph will hit our longterm trendline there
Target 2: 10000 the next big resistance, will be hard to break out.
SL: 6800 If Chart breaks lower trendline, the next stop will be 6000 Support area
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Happy trading!
Trade active:
small problems to cross resistance area ...
Trade still active!
avaiting big boom within next hours/days
Trade still active!
avaiting big boom within next hours/days
Trade closed: stop reached