angela_altair

BTCUSDT likely to move further up and set a new all time high

Long
MEXC:BTCUSDT.P   BTC / Tether PERPETUAL FUTURES
This is simply ballistic. The major resistance before this move to all time high was 50k-52k region. The price shied away just a bit there before breaking that level and moving up.This itself tells the story of the strength of the moves in the past couple of weeks. The only resistance, which was left, was a weekly resistance at WR1 level but at those levels, its always not a very significant ones. The price has found the way to move beyond it after initial push down towards 59k level. It seems that the price is going to close above the WR1 zone and that will open up the way to more upside moves. There is no need to be bearish and if you in a position, it makes sense to hold for now. Today's weekly close will probably confirm our hypothesis.

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