Possible BTC price action. NOT Investment Advice.
10 Red Weekly Candles and now bull's came to gain some momentum it seems. Don't forget about
SP500
Index.
In the current price range bears surely protecting their sales areas as expected, but bulls also protect their buyout zones well.
The question is how long will it last, will buyers be able to break through the sellers zone or will the price be looking for a new support levels. Let's see.
1D RSI indicator shows that RSI line can bounce off the RSI-based MA well (not shown).
I expect high volatility at the end of the week due to the fundamental segment. Supply and Demand zones are indicated on the chart, I think we should expect BTC to test that key levels
Stay tuned for new BTC and ALTS ideas.
10 Red Weekly Candles and now bull's came to gain some momentum it seems. Don't forget about
SP500
Index. In the current price range bears surely protecting their sales areas as expected, but bulls also protect their buyout zones well.
The question is how long will it last, will buyers be able to break through the sellers zone or will the price be looking for a new support levels. Let's see.
1D RSI indicator shows that RSI line can bounce off the RSI-based MA well (not shown).
I expect high volatility at the end of the week due to the fundamental segment. Supply and Demand zones are indicated on the chart, I think we should expect BTC to test that key levels
Stay tuned for new BTC and ALTS ideas.