We may see a possible drop from the resistance shown in the chart!
- I really don't know what the bottom will be
- We may also see a RSI double top which will confirm the bearishness for the btc
- If we see the larger picture we will breakout out or break down from the triangle on 22 October
If we are able to close above 21 ema with a bullish candle we can test the upper resistance!
If you want to play it short it at the resistance/long at the support with proper Stop loss(most important)
We are also forming a H&S on the daily chart!
Stay safe :)
- I really don't know what the bottom will be
- We may also see a RSI double top which will confirm the bearishness for the btc
- If we see the larger picture we will breakout out or break down from the triangle on 22 October
If we are able to close above 21 ema with a bullish candle we can test the upper resistance!
If you want to play it short it at the resistance/long at the support with proper Stop loss(most important)
We are also forming a H&S on the daily chart!
Stay safe :)
New update :