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As mentioned earlier, the price remained neutral for some days, & #Alts moved upward 📈
📈The daily price remain bullish on the daily but, be aware of a double top & rejection!
🎯Current setup; Neutral zone (yellow range):
⬆️Range high: 44 300$ ⬇️Range low: 44 250$
📉A breakout below, will lead to a retest of the 42 500$ support (flat T D1), and possibly lead to stronger rejection (double top❗️). (lLwer supports are in the charts)
📈Based on the old analysis, a breakout above could lead to a pump toward 48.5 - 49k
Your opinion on #bitcoin ? Breakout upward or rejection? 📈📉
Note⚠️: I recommend you to wait for a daily close above the range high (44 600$ zone) and a retest to enter in a long position on #BTC
As mentioned earlier, the price remained neutral for some days, & #Alts moved upward 📈
📈The daily price remain bullish on the daily but, be aware of a double top & rejection!
🎯Current setup; Neutral zone (yellow range):
⬆️Range high: 44 300$ ⬇️Range low: 44 250$
📉A breakout below, will lead to a retest of the 42 500$ support (flat T D1), and possibly lead to stronger rejection (double top❗️). (lLwer supports are in the charts)
📈Based on the old analysis, a breakout above could lead to a pump toward 48.5 - 49k
Your opinion on #bitcoin ? Breakout upward or rejection? 📈📉
Note⚠️: I recommend you to wait for a daily close above the range high (44 600$ zone) and a retest to enter in a long position on #BTC