MrsBitcoin2020

9450 BEFORE DUMPING OR JUST FROM HERE STRAIGHT TO 8100?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Drawing two different downtrends of rising channel
we can see that we are yet inside the channel and we sit exactly in the downtrend. A break down, this time we can fall straight to 8100. 9150 together with 20 MA gives at the moment strong resistance. Breaking upward we can move to 9450 where we have another one resistance. My opinion is that we are in critical point with the upcoming hours to show us direction. RSI on 70 can take either direction too.At last a descending triangle is the only sign it makes me to give some more possibilities for downward (9450 before break down)

Comments

9680 was the point :)
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