Hello Dear Traders,
as u can see before recent dump 17700 to 18200 area was acting as a support area for btc
bt after dump this support has broken and now this previous support will now act as a resistance area for btc
btc got very nice bounce form trend-line support and overall BTC is bullish ...i think btc will easily cross this newly formed resistance area
bt in case if it doesn't cross then we might see btc coming down to 16800-16400 levels again
in next 2 days we will see weekly candle closing on btc ... after tht btc direction for next 2-3 weeks will be clear.