There is no doubt saying the BEAR market is technically over with this huge action from the BULL.
I highlighted some major supports and resistance for us as the market is far from easy to analyses at the moment but I believe those level should guide us in making major trading decision.
I also spotted potential huge inverse head and shoulder pattern which may likely be in play and if this come to reality will take BTC to a new all time high soon.
6500-6300-5735(Immediate Level to watch for Bull continuation)
I hope this update will help in making some trading decision.
Thanks for reading it. Do know I appreciate it and kindly leave me with your Likes for encouragement.
Moving as expected
If play out this will likely take us to 6295$ level
1. if Price closes below 6800$ we should go for short
2. If price hold up against 6800 then we will likely see 8000$ level.