BTC - Back again between the same lines - 2 scenarios
We are again back between the same support line and resistance line that I'm drawing to you since last week :
What does it mean ? INDECISION
We cannot currently have a trend for the bitcoin. As I explained you last days, we are back in a waiting zone till we break again one of these 2 lines.
What can happen now?
Two main scenarios are possible :
- We try to break the resistance line (upper blue line) to start a new bull trend on the Bitcoin
- We go down and break the 2 support lines, the red one around 3500$ and the second one in blue. Look the pattern if this happens, a beautifull head and shoulders which is a very powerfull sign of bearish trend...
So yeah my dear followers, we are again in waiting mode till one of these scenarios happens...
Take care all,
Disclaimer : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BTC - De retour entre les 2 même lignes - 2 scénarios