As I mentioned in previous posts, #BTC reached a significant resistance. It seems that it tends to touch the middle of the side-way zone. considering the volume profile of the last up trend within this side-way region, one can see the important levels. I believe that regions around $38200, $34200 and $32200 are possible targets for down trend.
According to the volume profile, there are many orders around $42000. So, this zone could be stop hunter region where BTC just hit it by a shadow(wick) not to break it.
I would be glad to have your comments and ideas.
please leave me your comments
According to the volume profile, there are many orders around $42000. So, this zone could be stop hunter region where BTC just hit it by a shadow(wick) not to break it.
I would be glad to have your comments and ideas.
please leave me your comments
Comment:
BTC is about to hi the first target at $38500. one can save the profit. and stay in trade with the profit