BTCUSDT
This analysis follows the last analysis (www.tradingview.com/x/3De1lYWx/), where BTC fell to ($9,950 - $10,800) area, with a wick down to $9,500.
From now, BTC runs to the end of the bull flag pattern, confirms by RSI indicator. It says BTC will have chance to break $11,800 strong resistance this week.
Unfortunately, momentum decreasing prevents BTC to go up hard. BTC needs more catalyst and fomo to push the price up to the last peak at around $14,000.
From my thought, BTC will range between $11,000 and $13,000 this week, leaving more room for altcoins to fly. We are so close to alt season, this time is not the time mentioned but next week.
Supports and resistances are as shown in the chart.
This analysis follows the last analysis (www.tradingview.com/x/3De1lYWx/), where BTC fell to ($9,950 - $10,800) area, with a wick down to $9,500.
From now, BTC runs to the end of the bull flag pattern, confirms by RSI indicator. It says BTC will have chance to break $11,800 strong resistance this week.
Unfortunately, momentum decreasing prevents BTC to go up hard. BTC needs more catalyst and fomo to push the price up to the last peak at around $14,000.
From my thought, BTC will range between $11,000 and $13,000 this week, leaving more room for altcoins to fly. We are so close to alt season, this time is not the time mentioned but next week.
Supports and resistances are as shown in the chart.
Comment:
BTC breaks $12,300 resistance, heads to $13,350 resistance. Will it break the last peak this time? Let's see.