BTC at a crucial decision point: 3 Key levels to watch
In this weekly chart, BTC has to decide next few hours whether it wants to breakout of the falling wedge
& rally up to retest the 40-42k zone or it will be rejected down.
These are the 3 key levels to watch for potential lower destination:
*the WMA100 zone near 36k
*the WMA150 zone near 30k 0r
*the WMA200 zone near 25k.
BTC should hold 36k to remain bullish.
Breaking below 33k is bad news.
Not trading advice
& rally up to retest the 40-42k zone or it will be rejected down.
These are the 3 key levels to watch for potential lower destination:
*the WMA100 zone near 36k
*the WMA150 zone near 30k 0r
*the WMA200 zone near 25k.
BTC should hold 36k to remain bullish.
Breaking below 33k is bad news.
Not trading advice
Penafian
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