Hello traders ๐บ .
in the last 2 days I was in the business travel and I can't update you about the :
1_ BTC.D and BTC pairs trade .
2_ ALTS trade .
So I decided to allocate today ideas about the BTC.D and BTC pairs trade and tomorrow we go for the ALTS trade .
In the weekly chart we can see that BTC.D value is near to the all time low price and in this area we have a strong support , as you can see BTC.D created a falling wedge pattern above the weekly support around the 40% , and also BTC.D break above this pattern , if BTC.D break above the 0.236 Fibonacci level we could expect a bullish movements for the BTC or dump in the ALTS ;
In my opinion the next important resistance is near to the 0.382 Fibonacci level .
in the last 2 days I was in the business travel and I can't update you about the :
1_ BTC.D and BTC pairs trade .
2_ ALTS trade .
So I decided to allocate today ideas about the BTC.D and BTC pairs trade and tomorrow we go for the ALTS trade .
In the weekly chart we can see that BTC.D value is near to the all time low price and in this area we have a strong support , as you can see BTC.D created a falling wedge pattern above the weekly support around the 40% , and also BTC.D break above this pattern , if BTC.D break above the 0.236 Fibonacci level we could expect a bullish movements for the BTC or dump in the ALTS ;
In my opinion the next important resistance is near to the 0.382 Fibonacci level .
