He guys, although we are seeing a nice green day today,
I still expect BTC to correct further in the upcoming months.
Here's a sketch with some significant resistance areas too look for when
searching for short term trades.
To me the 2200 dollar level has all the right ingredients for kickstarting
the next Bull run:
- The 1:1 extension from A to B
- A nice intersection where a long established trend line, the 0.236 Fib level and the downward parallel channel meet.
I still expect BTC to correct further in the upcoming months.
Here's a sketch with some significant resistance areas too look for when
searching for short term trades.
To me the 2200 dollar level has all the right ingredients for kickstarting
the next Bull run:
- The 1:1 extension from A to B
- A nice intersection where a long established trend line, the 0.236 Fib level and the downward parallel channel meet.