We are going to break this resistance soon.
Why we are in bullish now :
1. Our Long trendline (6 months) is broken
2. We had the three times same pattern
We need to close our pattern above 6800$ in 1D chart.
I know this is a tough resistance, but I think we will make it. Break below 6550$ will make a big dump to 5800$ - 6000$ range and a drop below 5700$ will send BTC to 4800$ but I hope this won't happen. We need bigger volume.
Why we are in bullish now :
1. Our Long trendline (6 months) is broken
2. We had the three times same pattern
We need to close our pattern above 6800$ in 1D chart.
I know this is a tough resistance, but I think we will make it. Break below 6550$ will make a big dump to 5800$ - 6000$ range and a drop below 5700$ will send BTC to 4800$ but I hope this won't happen. We need bigger volume.
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MasolMahat
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