roman_gts

roman_gts

Decending wedge, strong support at 45600, 4 rejections of this level, divergence on daily TF price is in oversold on RSI, technicly BTC is very likely to bounce at least in short term, there is still a chance it will push through 45600 to 44k but technicly every indicator shows some strength building for BTC, if demand holds this level tonight, i personally think...

roman_gts Updated 

If this erea holds then it will test 40k soon if not then we will most likely have some local bearish momentum drugging price down to 31k. There is a slight chance price will go past 38k without retest 35k but it is unlikely as BTC is in somewhat bearish trend strugling to recover. We have to consider news factor which could affect the price of course if they occure

roman_gts Updated 

what you think ?

roman_gts

Everything is possible, bulls been showing strong support but can not break resistance it seems.. we shell see

roman_gts

If 5 times resistance not anough then uptrand is going to be crazy