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TheTechnicalAnalysts
Apr 19, 2020 7:53 PM

BTC Monday Opening 

Bitcoin / U.S. dollarBitstamp

Description

During the weekend BTC has been moving upwards around the 7300 level. The yellow zone represent a strong resistance, we can see some sort of H&S forming there, a break of the neck line might result in a bearish move. On the other hand from a bigger picture technical prospective a break of the previous high might result in an upward move targeting the red zone and long term trend line.

Interesting week ahead watch closely the markets and good luck to all.
Comments
TheTechnicalAnalysts
Interesting week ahead!!!
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