Next for Bitcoin: Testing resistance, fail again? Or big move up
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Hi all,
Following up my previous ideas (linked below), here a new one.
Right now:
- btc is testing the first support (green zone)
- btc is in a bearish wedge
Next:
- Bearish wedges mostly results in a new down
- Top of bearish wedge is next to the "dangerous resistance"
- IMO btc will go to lower value after touching that diagonal resistance and test the support in first green zone and after that will go to the lower green zone
But if the bulls want to fight against the diagonal support (and win) that will result in a big move up
I expect bulls will loose the game with that diagonal one, we'll see the next days
Like to support me, click on follow to be updated by new idea's.
Thanks!
Following up my previous ideas (linked below), here a new one.
Right now:
- btc is testing the first support (green zone)
- btc is in a bearish wedge
Next:
- Bearish wedges mostly results in a new down
- Top of bearish wedge is next to the "dangerous resistance"
- IMO btc will go to lower value after touching that diagonal resistance and test the support in first green zone and after that will go to the lower green zone
But if the bulls want to fight against the diagonal support (and win) that will result in a big move up
I expect bulls will loose the game with that diagonal one, we'll see the next days
Like to support me, click on follow to be updated by new idea's.
Thanks!
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