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m.sarvi
Aug 8, 2020 11:04 PM

BTC catches a breath before attempt for the next resistance Long

Bitcoin / TetherUSBinance

Description

BTC tries to hold the bullishness but at the moment it's not strong enough and the volume is too low for it to get somewhere. That's why I think it's gonna try 12K but I don't see it succeed in breaking it, so it will be pushed back down.
Considering the recent bullishness of the market, I think testing EMA100 (in 4H) will introduce enough new bull volume for BTC to gain enough momentum to make an attempt for breaking the yearly high at 12.1k .
Let's see how it's gonna play out.

This is not financial advice
Good luck!

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Comments
Trader_Newbie1234
Agree with you, the BTC Volume decreasing time by time
Evo6-tme
Agreed 👌
ForecastCity
👌👌
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