ifeanyichukwu_E

ifeanyichukwu_E

There is a strong resistance and support level at about 114.000 and 104.751 respectively in the weekly time frame. On 6th Jan. 2020, the trend formed a bullish trend from the weaker support level at 107.872 and towards the weaker resistance level at 109.651. It might pass the weak resistance level anytime from now and continue to climb up the price OR forms a...

ifeanyichukwu_E

BTC has been bouncing back and forth since the late november of last year between the support level at 6800 and the resistance level at 7700. Right now, it is moving towards the the resistance level. We might expect it to move downwards to the supply level or might break out of the resistance level.

ifeanyichukwu_E

Be careful of your trade,a choppy market is in formation due to Christmas season. Feliz Navidad mi amigo y amigas! Have a wonderful Holiday.

ifeanyichukwu_E

The chart appears to be forming an M and W in the chart, it might just hit the price at 1.09240 or if the bearish formation is very strong, it might nosedive all the way to 1.08796

ifeanyichukwu_E

Its obviously steeping down!!

ifeanyichukwu_E

The 1st support and resistance level displays a ranging market. As from 29th Nov. at 21:00, it starts to skyrocket and forms a bullish market It might also just pass through the possible support level, an opportunity to buy the market.