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ArShevelev

Bitcoin: Why 7800 Won't Hold the Pressure?!

Long
ArShevelev  
BITMEX:XBTH20   None
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) xbt perpetualswap bitmex bybit BTCUSD BTC Cryptocurrency blockchain
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trendanalysis chartpattern indicator bitcoin xbt perpetualswap bitmex bybit btcusd btc cryptocurrency blockchain
What we can see at this market structure? Price is near 7800 resistance zone. Which actually very important zone for next move.

Slow accumulation of longs spotted at range of 7600 and 7450. We've seen similar structures at the begining of the year in 4200 resistance zone.
snapshot

So track breakout, and follow the established trend.

Feel free to ask any questions in PM @ArShevelev or comments
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