ceciliones

Can Bulls overcome this crucial resistance?

BITSTAMP:BTCUSD   Bitcoin
As you can see in the chart
the bulls are still struggling even with the falling wedge pattern broken in weekly chart

Many consecutive attempts to break the weekly 200 ma resistance, and it still exists.

The death cross is located in an area where several resistances gather

I think we need very high liquidity to break this resistance...if this happen btc will rise to 28k .

The coming few days are very crucial to determine the direction of the market

Don't forget to support us with ur like, comment and follow for more ideas and updates🎯

🔻Free telegram channel 🔻
t.me/itrade890


🎯Contact for paid signals🎯
t.me/Cecilion1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.