Good sunny day my friends,
BTC has broken out of the downtrend I posted previously, all hail the KING :D
Lets take a look at some long term levels to be aware of.
The first resistance is I believe we are going to look at is the 9000 USD psychological level.
But there is no confirmed resistance here according to the 12h chart, but a very close one, ~9200USD.
The 9200 resistance is very close to the 0.786 fib level which is at ~9400 USD.
If we break above the levels mentioned above, we are boooooming all the way up :D!
Although, watchout for the oversold level on the 14 RSI, take a look at the blue pin points to see what happend previously.
Things are definitely looking alot brighter than it did a few days ago, what a time to be alive.
I wish u all a good weekend, spend it well!
Educational Chart - I am not responsible in any way if you use my ideas/suggestions and lose money - Trade with caution
BTC has broken out of the downtrend I posted previously, all hail the KING :D
Lets take a look at some long term levels to be aware of.
The first resistance is I believe we are going to look at is the 9000 USD psychological level.
But there is no confirmed resistance here according to the 12h chart, but a very close one, ~9200USD.
The 9200 resistance is very close to the 0.786 fib level which is at ~9400 USD.
If we break above the levels mentioned above, we are boooooming all the way up :D!
Although, watchout for the oversold level on the 14 RSI, take a look at the blue pin points to see what happend previously.
Things are definitely looking alot brighter than it did a few days ago, what a time to be alive.
I wish u all a good weekend, spend it well!
Educational Chart - I am not responsible in any way if you use my ideas/suggestions and lose money - Trade with caution