Lokal-K

Lokal-K

BTC has now moved as expected and us struggling to break out of the resistance in the red zone. I still believe we can hit the trendline below as support or might still be heading down to 42k-40k to load up the buying power which can break through the entire resistance. You can have trade buy inz between the 47k trendline but keep a SL active

Lokal-K

We might see the curve retest the resistance and try to hold. If a break occurs then we might be heading to test the resistance at $49600. Other wise we might be heading to the next support at the .618.