Hi Traders,
So we got two rejections of the $33,000 resistance level. Prices are now looking like they're going into a short term range, a break in either direction of the range will indicate to us which path $BTC will want to take for the short term and in doing so dictate the direction of the ALT market. There has been a slow down as seen from the gradient decrease of the chart. However, higher lows are still forming and prices are still rejection the support zone that its currently in. As it stands we're still bullish unless we get a strong break lower past the range and support zone.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
So we got two rejections of the $33,000 resistance level. Prices are now looking like they're going into a short term range, a break in either direction of the range will indicate to us which path $BTC will want to take for the short term and in doing so dictate the direction of the ALT market. There has been a slow down as seen from the gradient decrease of the chart. However, higher lows are still forming and prices are still rejection the support zone that its currently in. As it stands we're still bullish unless we get a strong break lower past the range and support zone.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
