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CryptoColugo
Mar 24, 2020 10:40 AM

BTCUSD - Resistance 4H 

Bitcoin / U.S. dollarBitstamp

Description

BTC is currently @ resistance, at the previous high and at the descending trendline that once was support and act as resistance.

Are we in a rising wedge pattern or are we creating a ascending triangle? I don’t know but we need to close above 6700 for continuation to the upside.

Bull = 7100 , 7600
Bear = 6100

Comment

rejection after rejection

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target reached precisely

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next target 5700
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