BTCUSDT
I am able to spot two ideas for BTC
1) BTC broke bearish channel and is trying to break the Bullish Confirmation ( Resistance Zone ) , If BTC 9.62% breaks the resistance zone , it will continue the way up. But if BTC 9.62% fails to break the resistance zone , BTC 9.62% will go down and the logical support will be the RED dotted line.
2) I am able to spot a formation of a head and shoulders IF BTC retrace from resistance to the already formed neckline. In this case the drop will more than the Blue dotted line
1) BTC broke bearish channel and is trying to break the Bullish Confirmation ( Resistance Zone ) , If BTC 9.62% breaks the resistance zone , it will continue the way up. But if BTC 9.62% fails to break the resistance zone , BTC 9.62% will go down and the logical support will be the RED dotted line.
2) I am able to spot a formation of a head and shoulders IF BTC retrace from resistance to the already formed neckline. In this case the drop will more than the Blue dotted line
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