The price action hangs on a strong support at the 168-170 area. If this continues to hold, I believe we are breaking out to the upside. The price has been consolidating and has run out of room. This would also complete a head and shoulders pattern.
I am looking for a break above the 208-214 resistance.
I would like to see BTC continue to trade sideways and continue to consolidate and move away from the recent structure.
This is not financial advice. This is for my reference and record as a hobby trader.
I am looking for a break above the 208-214 resistance.
I would like to see BTC continue to trade sideways and continue to consolidate and move away from the recent structure.
This is not financial advice. This is for my reference and record as a hobby trader.