BTC has broken very important resistance level (10.3K) :
*this line has acted as very strong support or resistance ( we seen multiple double Top , Bottom testing this line)
we broke this resistance yesterday (1)
*since we reaching 13.9K this year we are forming Lower High ( 2 Times ) ::::> confirmation for downtrend ( short term )
recently we broke this trend ( Bullish Reversal) (2)
* Clean Cross WMA 75 and MA 200 (Bullish) (3)
* so far btc is respecting resistance line (4)
my ideal entry price would be retesting 10.3K or buying in fake breakdon (it's risky)
1st target 11K , 2nd target 12.3K
So DYOR and always have a good risk managemnt
Have a nice day everyone
*this line has acted as very strong support or resistance ( we seen multiple double Top , Bottom testing this line)
we broke this resistance yesterday (1)
*since we reaching 13.9K this year we are forming Lower High ( 2 Times ) ::::> confirmation for downtrend ( short term )
recently we broke this trend ( Bullish Reversal) (2)
* Clean Cross WMA 75 and MA 200 (Bullish) (3)
* so far btc is respecting resistance line (4)
my ideal entry price would be retesting 10.3K or buying in fake breakdon (it's risky)
1st target 11K , 2nd target 12.3K
So DYOR and always have a good risk managemnt
Have a nice day everyone
Trade closed: target reached:
12.3K reached :)