Pro_Trader_007

πŸ“ˆ BTCUSD - A New Top Formed

Long
FX:BTCUSD   Bitcoin / U.S. Dollar
I really enjoyed watching my previous published idea for BTCUSD . As you can see the price moved exactly as I was expecting.
Now for this week, we have a lot to say like we broke the historical top and it was amazing that it happened like 3 years ago.
Last week, the resistance level @20040.00 was broken and made a new top @23760

A new resistance level is now @23760.
We are still in a uptrend. There is no sign of changing it. but we should expect a drop to at least support level of 23% Fibonacci retracement .
The uptrend is developing well.
Please consider 20040 as a new support level as well.

Be Pro
Pro_Trader_007

Comments

Good analysisπŸ‘
+1 Reply
@fxpays, thanks
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