BTC trying to break downtrend line
Binance chart,
BTC once again pushing on downtrend line, if H4 candle or bigger will close above this line with good volume spike, it can be nice opportunity for continuation local uptrend, if this scenario will play, next resistance is around 7800 and bigger looking at weekly timeframe/fib levels is area 8300-8500.
Important support to hold is around 8270-8300
BTC once again pushing on downtrend line, if H4 candle or bigger will close above this line with good volume spike, it can be nice opportunity for continuation local uptrend, if this scenario will play, next resistance is around 7800 and bigger looking at weekly timeframe/fib levels is area 8300-8500.
Important support to hold is around 8270-8300
Penafian
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