BTC is about to hit resistance @ 10,900 - 11,00 in three separate ways. 1.) The next fib lvl is located at 11,000 2.) our descending triangle will be between 10,900 and 11,000 (this triangles resistance has been tested and confirmed several times, its strong af) 3.) ALOT of people have placed sell orders @ 10,900 and 11,00 because its a whole number (we saw the same thing happen @ 12,000 recently)
Ill be riding the bull and bear waves while we stay in this triangle, personally im selling @ 10,900 and placing a short until we hit the support line. Then ill be repeating the cycle untill we officially break out of this triangle which will probably lead us to a bull run. Keep in mind analysis of these charts is HALF of what makes these markets move, read the news.
Ill be riding the bull and bear waves while we stay in this triangle, personally im selling @ 10,900 and placing a short until we hit the support line. Then ill be repeating the cycle untill we officially break out of this triangle which will probably lead us to a bull run. Keep in mind analysis of these charts is HALF of what makes these markets move, read the news.