Faibik

Bitcoin | Facing Major Resistance..!!

BYBIT:BTCUSD   Bitcoin / U.S. Dollar
#BTC (Update)


In Daily Chart , Bitcoin back above 10k Mark & At the Moment, Facing Major Resistance Area (10.2-10.4k)

Bitcoin has in overbought territory, & Printing 9th TD Sequential Candle As Well. (Not Good Sign)


Now, There Are Two Possible Scenarios..!!

1- If Bulls Cleared the Major Resistance, Next Stop Would be 10.8k ( Ascending Channel Top)

2- If Bulls Failed to Clear the Resistance, Bitcoin Might test the 9880 (Support.)

Buy, if Resistance got Cleared. Otherwise, Sell it (But Wait for Today's Candle Close)



Keep In Mind that Bitcoin CME gap Opened at 9645..!!




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Comments

Easy done.

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great info, thanks for sharing
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Faibik PolarHusk
@PolarHusk, Thank You Sir for Appreciations
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