Hi Traders,
Keeping you guys updated on the movement of BTC. BTC has currently rejected the trendline spoken about in our last post. So now we're looking for resistance to change support. Looking for price to push into the 2nd zone however we may get an overshoot to the 1st zone, if this is the case even better confirmation of the bullish sentiment. After resistance has been tested we can expect a potential fall to the lower zone where there is support to form a head and shoulders. There will need to be buy volume support on the 2nd shoulder for again confirmation on bullish sentiment.
For FREE crypto signals click the LINK below!
Thanks
The Market Sniper Team
Keeping you guys updated on the movement of BTC. BTC has currently rejected the trendline spoken about in our last post. So now we're looking for resistance to change support. Looking for price to push into the 2nd zone however we may get an overshoot to the 1st zone, if this is the case even better confirmation of the bullish sentiment. After resistance has been tested we can expect a potential fall to the lower zone where there is support to form a head and shoulders. There will need to be buy volume support on the 2nd shoulder for again confirmation on bullish sentiment.
For FREE crypto signals click the LINK below!
Thanks
The Market Sniper Team
