Hello,
Great return on our last call! Now we are looking for the next setup. As you can see the Bitcoin price followed our previous analysis exactly. We are now in a tricky area. As you can see we are at the resistance of the falling wedge formation.
Long positions: We will look for a break and close above the resistance level targeting ~45,000
Short Positions: Strong rejection at this resistance level will push to a new low in this trend towards the ~30,000 strong support area.
Great return on our last call! Now we are looking for the next setup. As you can see the Bitcoin price followed our previous analysis exactly. We are now in a tricky area. As you can see we are at the resistance of the falling wedge formation.
Long positions: We will look for a break and close above the resistance level targeting ~45,000
Short Positions: Strong rejection at this resistance level will push to a new low in this trend towards the ~30,000 strong support area.
Comment:
45K Target Hit Close in profit.