BTC today is so far moving in the right direction from my last post, creating higher lows on the way up to the key resistance 7800 resistance zone. As you can see we have potentially bottomed out and began to form a new uptrend thats been respected well. We may expect more "Bart Simpson" trends on the way back up like we saw on our journey down.
An ideal movement over the next couple of days will be the same price movement as we have seen from our bottom, all the way up to our major resistance zone of 7800.
From there I expect a slight retrace but will reassess from there.
An ideal movement over the next couple of days will be the same price movement as we have seen from our bottom, all the way up to our major resistance zone of 7800.
From there I expect a slight retrace but will reassess from there.