BitcoinAggiornato BTCUSD updated view
A resistance zone was created on BTCUSD at the 99113 - 99944 level.
Also at the same level from top to bottom one resistance trend line shows strong resistance in that area. while looking at the HNS pattern in RSI on a closing basis and both the resistance zone and trendline we need a strong closing above the zone with the trendline breaking, then we can see the bigger target in BTCUSD.
otherwise, BTCUSD will take the resistance from the trendline and zone and can see the support level again.
I already shared what-if support level breaks.
Also at the same level from top to bottom one resistance trend line shows strong resistance in that area. while looking at the HNS pattern in RSI on a closing basis and both the resistance zone and trendline we need a strong closing above the zone with the trendline breaking, then we can see the bigger target in BTCUSD.
otherwise, BTCUSD will take the resistance from the trendline and zone and can see the support level again.
I already shared what-if support level breaks.
Nota
BTCUSD has closed above the zone but could not break on closing above closing...
As I said earlier it already has a strong resistance area.
We previously observed during the U.S. election that Donald Trump's victory led to BTC/USD reaching an all-time high and experiencing daily growth.
And now D. Trump is taking oath on 20th January so it's possible that BTCUSD can again make all time high.
Trade attivo
shared view on BTCUSD about BTCUSD is at Monthly support and also about Trump's oath ceremony is there on 20th Jan.. so it can have chances about new ath making in BTCUSD..
while it creates ATH but is not able to sustain.. so we need to wait for more time to analyze next move.
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