Over this week BTCUSDTPERP showed us it is ready to test higher levels.

Uptrend A reveals a clear definition of price increase on the daily chart followed by uptrend B that was created two days ago by supporting a daily level, this latter movement is a strong indicator BTCUSDTPERP is getting Bids even if we have yet to test lower levels like $18600.

The market created uptrend C confirming that the support created before in uptrend B was strong indicator of BTCUSDTPERP pushing to break its current range. This uptrend C was created as a support and if it stabilizes this could mean a push and towards the polarity zone and breakout.

The polarity zone kept getting tested over these last few days and with its confirmed uptrend A.

Downtrend D is a very strong and resilient level that if the market is able to push and break this level in conjunction of breaking the polarity zone we will see targets up top get tested fueled by a breakout.
Bitcoin (Cryptocurrency)BTCBTCBUSDBTCUSDBTCUSDTBTCUSDTPERPcryptoSupport and ResistanceTAtrendTrend AnalysisTrend Lines

Penafian