As in the illustration BTC broke right through the crossing point with the USDT sell off on Bitfinex, and was an exact timing for a move.
The next crossing could signify a next move if we keep haning on this support.
Although it is highly probable that we will bounce of this yellow descending trendline which was for 10 months a major resistance.
A breakout till 8400 usd could happen if we this resistance becomes support and if we certainly not go under 6.5K.
The next crossing could signify a next move if we keep haning on this support.
Although it is highly probable that we will bounce of this yellow descending trendline which was for 10 months a major resistance.
A breakout till 8400 usd could happen if we this resistance becomes support and if we certainly not go under 6.5K.
Comment:
Wasn't that a nice call, right in the orange target !