As described per picture.
If the price cannot hold the 200SMMA (which served as resistence more than once in the past), the possible outcome would be the completion of a butterfly pattern which ends exactly on the 5000$ mark, which is a very important psychological level.
Good trading to everyone.
If the price cannot hold the 200SMMA (which served as resistence more than once in the past), the possible outcome would be the completion of a butterfly pattern which ends exactly on the 5000$ mark, which is a very important psychological level.
Good trading to everyone.