D1 : BTC is facing one of the most important resistance level, which is the Mid Bollinger Band, currently @ 38'900.
Indeed, a closing, today, above this important level would be the first signal for further upside !
A breakout confirmation of this level (on a closing level, of course !) would also confirm the upside breakout of a triangle
formation.
Next significant resistance level, being 41350 ahead of 44835 (being also the KS level)
As usual, watch carefully at shorter time frames to get clues.
Have a nice trading day.
All the best
Take care
Ironman8848
Indeed, a closing, today, above this important level would be the first signal for further upside !
A breakout confirmation of this level (on a closing level, of course !) would also confirm the upside breakout of a triangle
formation.
Next significant resistance level, being 41350 ahead of 44835 (being also the KS level)
As usual, watch carefully at shorter time frames to get clues.
Have a nice trading day.
All the best
Take care
Ironman8848
