We have 3 key areas or zones marked out on the chart, BTC responds to technical very well so if you can find key zones on your charts you will be laughing all the way to the bank ( well your crypto wallet as banks don't work with BTC ) ;p haha.
You can see our support zone ( red box ) has previously been used many times before and most recently price on Friday came back down to test this zone but bears were unable to keep hold of price and bulls pushed price rather quickly up higher causing a long lower shadow to form ( our zone was used to perfection )
On Wednesday and Thursday last week price used our resistance zone again to perfection just touching this area before making bearish movement.
This week we are expecting price to smash through this resistance area and are looking for the bulls to take hold and push price up to our 10,000 area.
See how easy trading can be if you just simplify your approach? Clean your charts up and you will see more setups.... KEEP IT SIMPLE.
You can see our support zone ( red box ) has previously been used many times before and most recently price on Friday came back down to test this zone but bears were unable to keep hold of price and bulls pushed price rather quickly up higher causing a long lower shadow to form ( our zone was used to perfection )
On Wednesday and Thursday last week price used our resistance zone again to perfection just touching this area before making bearish movement.
This week we are expecting price to smash through this resistance area and are looking for the bulls to take hold and push price up to our 10,000 area.
See how easy trading can be if you just simplify your approach? Clean your charts up and you will see more setups.... KEEP IT SIMPLE.