Very strong reject zone - 88% probabilities to go down
In this analysis we can see there are FOUR, I mean, FOUR!!! strong resistances:
-Top of blue channel
-Black resistance
-Green resistance
-0.382 Fib. Retracement
If price can break all of those 4 resistances, Would be a green big dildo without retest of those resistances.
-Top of blue channel
-Black resistance
-Green resistance
-0.382 Fib. Retracement
If price can break all of those 4 resistances, Would be a green big dildo without retest of those resistances.
Comment:
in addition to the above, you can see in this other chart, we are going to have a death cross in the monthly timeframe: (20 MA crossing from top to bottom to the 50 MA)
Comment:
would be first time in BTC history this occurs
Free Telegram channel:
t.me/cinnamon_club
Profit +1000% in less than a year.
11 positive months in a row.
Verifiable in my copy-trading profile at PrimeXBT.com (cinnamon)
t.me/cinnamon_club
Profit +1000% in less than a year.
11 positive months in a row.
Verifiable in my copy-trading profile at PrimeXBT.com (cinnamon)