Following up on yesterday's report, the resistance at $39K was simply breached, despite the fact that it had previously been tapped.

The price is currently encountering resistance. $42K is a key support and resistance level for several support and resistance flips. If the price breaks through this level, it may test the $44300 daily barrier and maybe the upper trendline. When we approach the larger symmetrical triangle pattern, proce makes the bigger transaction.

<---------------------------->

☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts

Thanks and Happy Trading!

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.