BTC|USD - Only Close Below Horizontal Will Lead to Bearish Sc.
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Currently everything points out the price continue rising. Still we have resistance at 8.200 and once this level is broken it might lead the price to reach the targets.
Two important things!
- Watch the Horizontal, because only if this level is broken the bearish scenario will have a first priority.
- Do not pay attention on Gap we have unfilled. It can be easyly a breakaway gap (such gaps forms after the price breaks its accumulation range.)
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Peace Out!
Not a Financial Advice
Currently everything points out the price continue rising. Still we have resistance at 8.200 and once this level is broken it might lead the price to reach the targets.
Two important things!
- Watch the Horizontal, because only if this level is broken the bearish scenario will have a first priority.
- Do not pay attention on Gap we have unfilled. It can be easyly a breakaway gap (such gaps forms after the price breaks its accumulation range.)
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice