BitcoinSymphony

BTC Neckline

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POLONIEX:BTCUSDT   Bitcoin / Tether USD
Despite the fact that the BTCUSD holds above the 10000.0 support line there are not enough factors to predict further growth.
The volumes are not growing despite the fluctuations on the 10000.0 level, so dive below this level deeper into support zone is still possible.
From the global picture - Reverse Head And Shoulders figure is still forming, and confirmation of this scenario will happen only after crossing of its Neckline which lies in the 12000.0 - 13000.0 zone.
Hence, we can highlight two key factors for further growth:
  • Crossing of the angle resistance
  • Crossing of the Neckline
Komen:
Penafian

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