CryptoPatel

Bitcoin again one more Bull V/s Bear Update still chance $8205 ?

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CryptoPatel Diupdate   
BITSTAMP:BTCUSD   Bitcoin
#BTCUSD Current Update:
Current price of BTCUSD is $8830.

#BTC Now Again at Resistance Level at $8850 level.
If breakout above $8850 and candle close above this resistance level then next Target would be $9100 & $9550.

But if rejected this minor Resistance in small time frame then we can see $8205.

as I told you BTCUSD exactly Bounce back from our Support level $8650.
hope you earned and learned with us.

S: $8620/$8205
R: $8850/$9100/$9550

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#BTCUSD H&S Update in LTF:
Current price of BTCUSD is $8905.

#BTC now struggle at main Resistance level at $9000 for Bull or Bear.
If breakout upward $9000 then I will bullish till $9550 otherwise bearish .
because H&S Resistance and Trendline Resistance is same.

What say Inverse Head & Shoulder.:-
Inverse Head & Shoulder says that we are bullish in LTF .
but Left Shoulder and Head are Completed and we are waiting for Right Shoulder.
If Right Shoulder also completed then We cans Right Shoulder low will be $8730 and after we can see again around $9000.

so $9000 is critical level.
because $9000 is Resistance of Trendline and Head & Shoulder Nick like resistance.
so watching point is $9000.
if $9000 breakout then We can see upward moment towards $9550 and $9800.
But if rejected again then we can see $8205/$7970.
So keep an eye on main cluster.

S:$8620/$8205
R:$9000/$9550

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