BITCOIN-Will the climactic behavior continue?
Hi everyone
After a long week in a trading range,the weekly bar on BTCUSDT will be closed, RED.Is this the continuation of climactic behavior from last 2 months? Well it might be.
For now ,We can see a hL MTR with a bad signal bar,and the Higher low took place above 27500$ support level,and we have the resistance level of 28250$. As most of the trends last between 5-6 bars we might get a green bar for the beginning of the week.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
After a long week in a trading range,the weekly bar on BTCUSDT will be closed, RED.Is this the continuation of climactic behavior from last 2 months? Well it might be.
For now ,We can see a hL MTR with a bad signal bar,and the Higher low took place above 27500$ support level,and we have the resistance level of 28250$. As most of the trends last between 5-6 bars we might get a green bar for the beginning of the week.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
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