follow last update, We now had breakout the
1.downtrend since 20190626
2.9591 strong resistance
what will happen then?
there is no resistance upward, and there are some many good news from China,
BUT there is still some dangerous signals
1. 1D 50MA cross 200MA
2. BTC futures gap from 8900 to 9590
3. volume began to deduce
SO, in short term view,
1.9590 is still an important resistance & support
2.we need above 9650 at lest 1D
then volume confirm further buy signals.
1.downtrend since 20190626
2.9591 strong resistance
what will happen then?
there is no resistance upward, and there are some many good news from China,
BUT there is still some dangerous signals
1. 1D 50MA cross 200MA
2. BTC futures gap from 8900 to 9590
3. volume began to deduce
SO, in short term view,
1.9590 is still an important resistance & support
2.we need above 9650 at lest 1D
then volume confirm further buy signals.