#BTC daily chart in detail (2) 10/20-2019 #bitcoin #crypto
Well so far so good!
BTC is traveling along the small Resistance line, diving into a small Descending Triangle or working to a Ascending Triangle big picture
When you scroll in, you see the small Descending Resistance line comming towards Possibility 1. When the possibility puts through and it breaks here, we will see a run into the Resistance zone of 86+ towards 89+ where it is likely a drop towards Support line comes again.
It is possible to break the 8900+ or the 9k Resistance, but i do not see this happen soon. When it does, we can have a good run towards the Support line of 9.3k This was normally a Support line, but it can act as a Resistance line now. Maybe it is passed pretty fast, since it never was a Resistance line, but we will see when this happens.
All in all i see us going back to Support of 7800 to 7500 even.
I believe when this happens this way, it will shoot upstairs from here (poss 2). My bet will be it will go through the Resistance and shoots all the way up to 9.3. If this wont hold, we will run towards 10k-11k range. Bouncing/going sideways for a while to hit a real strong run on (3) again, where we will come close to the ath of dec 2017
Lets see #bitcoin
BTC is traveling along the small Resistance line, diving into a small Descending Triangle or working to a Ascending Triangle big picture
When you scroll in, you see the small Descending Resistance line comming towards Possibility 1. When the possibility puts through and it breaks here, we will see a run into the Resistance zone of 86+ towards 89+ where it is likely a drop towards Support line comes again.
It is possible to break the 8900+ or the 9k Resistance, but i do not see this happen soon. When it does, we can have a good run towards the Support line of 9.3k This was normally a Support line, but it can act as a Resistance line now. Maybe it is passed pretty fast, since it never was a Resistance line, but we will see when this happens.
All in all i see us going back to Support of 7800 to 7500 even.
I believe when this happens this way, it will shoot upstairs from here (poss 2). My bet will be it will go through the Resistance and shoots all the way up to 9.3. If this wont hold, we will run towards 10k-11k range. Bouncing/going sideways for a while to hit a real strong run on (3) again, where we will come close to the ath of dec 2017
Lets see #bitcoin
