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thedailychartist
Oct 19, 2020 10:10 PM

BTCUSDT rally approaching key level 11,900 

Bitcoin / TetherUSBinance

Description

Approaching the upper limits of a trading range that has been in play since August. Also in confluence with a possible wedge top.

I think this will be a good test for this current rally. A break above 11,900 on a WEEKLY CLOSING should be indicative we are finally heading higher!
Else, more sideways to down likely.

Let's see now.

Comment

Nothing but net! Bulls barely noticed my 11,900 resistance level.

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