As I mentioned on my previous Idea, we needed a breakout of the triangle in the 4hr TF for direction. Well now we know the direction. 11,900 is a super important level.
Price trading above this level means it broke through 3 previously resistance points and its free to go to the next resistance level at 13,900. Thats a 16% move to the upside!!
Let’s get it!!
Ok guys, BINANCE:BTCUSDT is in a critical point in time as it recently broke out AGAIN of a HTF trend line resistance, I say again because price was able to stay above it for 4 weeks before the $2000 selloff in one single weekly candle.
On a weekly level, price is consolidating inside the triangle. Recently got rejected buy the horizontal resistance...