Felgenhauer

Where will BTC go?

BYBIT:BTCUSD   None
It seems like BTC is going for the downside target as there are a few rejections that occur in the resistance area . The downward target remains as long as BTC doesn't close above the 11200 levels. The main reason is that the harmonic resistance is located at 11150 levels and at the same time, it is also the neckline for the previous head and shoulder which already become resistance. If we break the 11200 levels, we are going to retest or even break the previous green trendline
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.