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CryptoColugo
Mar 29, 2020 10:44 AM

BTCUSD - Upcoming Weeks 

Bitcoin / U.S. dollarBitstamp

Description

We are currently at major resistance. 6000 – 6100 is a zone that was acting as support for a long time. If we close the weekly candle under this zone than I expect that we will see a drop next week to the rising trendline. Price might range between this 2 zones until may. From there we can close above resistance with perhaps a rally to the descending trendline as shown on the chart.

It’s just an idea, what do you think?
Comments
adamicius
and this one I'm bookmarking as still to watch... who knows... maybe we'll get that second dip

fascinating to watch. but somehow doesn't make me confident I could actually profit as a trader as opposed to an investor...
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