Here we have BITFINEX:BTCUSD on the 4HR chart! We have two higher lows and could be posting a second higher high soon, inside the ascending channel. If we can push through the horizontal channel I have highlighted, I think we break 10k this time! LET'S GOOOOO!!!
Comment
⋅
As you can see, the first line of resistance has been a tough one, right where I drew it. If we don't get some momentum upwards soon, we could see a retest to the bottom of the channel.
Comment
⋅
Drop happened shortly after my update. The channel is holding for now and I think it will reverse and test my resistance zone again.