BTC looks to finish its last shoulder here. If this is the case we can expect a neck line support test. BTC looks to be getting weaker and could potentially see a 36,500 resistance test and a break towards downside.
This will lead us to 28,29,000 area.
Potential Bearish Cross in MACD. Still chance of small upside before trending down!
If we bounce off neckline, we can expect to test 35,600 resistance and wait for confirmation from there.
This will lead us to 28,29,000 area.
Potential Bearish Cross in MACD. Still chance of small upside before trending down!
If we bounce off neckline, we can expect to test 35,600 resistance and wait for confirmation from there.
