Description
⋅ BTC/USD (Bitcoin)
As all You Know, BTCUSD is Forming Falling/Descending Channel since June '19 Top..& Now it's Almost Completed it.
In Couple of Weeks,It'll Breakout or Break Down..(Mostly Chances of Breakout)
For Breakout, BTCUSD Need Some Strong Buying Volume & Need to Break strong Resistance 8k As well.
According to Volume Profile Indicator, 8k is Strong Resistance & 6.4k is Strong Support Regions.
According to Moving Averages, EMA100 (7k) is Also a Strong Support & EMA50 (8k) is Strong Resistance.
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.