As we have been following, BTC looks very bullish for the first time since January 6, it has broke up the downtrend line, and it also break the symetrical triangle pattern with 2 very convincing candles. One that puts BTC to test the downtrend line resistance, and another one to confirm the breakout.
Next move is BTC may go upside for the next week to the next resistance at $1.8.
Now it is testing the .236 Fibo, that should not put too much pressure to go upside from there.
We might bee seeing the end of the downtrend here.
We still have to wait for a confirmation upside to see it is not a fail break.
Lets see what BTC have for us from here.
Next move is BTC may go upside for the next week to the next resistance at $1.8.
Now it is testing the .236 Fibo, that should not put too much pressure to go upside from there.
We might bee seeing the end of the downtrend here.
We still have to wait for a confirmation upside to see it is not a fail break.
Lets see what BTC have for us from here.
We might be seeing BTC testing the $12K resistance and then $13K.
Stay tunned