Moagho

Moagho

Hello guys!! Please support me and write a comment below the post. As I said in the last post BTCUSD will not pump until it breaks the 7200 resistance, yesterday the price broke the resistance zone and faced another strong resistance at 7800 and heavily retraced to lower timeframe support levels.here is my idea about higher high and higher low levels. If this idea...

Moagho

we have observed the bitcoin movement for several days and it was obvious that the price was playing ping pong with resistance and support level!!!!!bitcoin won't hit the 8k until the daily candle closes above 7200 with good volume.also it won't dump to the 6k until closes beneath 6800.

Moagho Updated 

as i mentioned in my previous post.bitcoin did not break the resistance lvl with good volume...

Moagho Updated 

if the daily candle closes above 7200 we can expect a rally up to 8200 otherwise 6K channel is inevitable!!!