BTC - whats next?

25 בנוב׳ 2019

BTC has overcome strong resistance at 7150 and is above FE100. However, further price increase is blocked by strong resistance and price ceiling (red box). If BTC cross tendency "1" we can expect further price dropping, or will go higher to 7600 and drop from there. Personally, looking at decreasing volume I think we will drop. When dropping key level is 7150. Next other supports are marked with dashed red line.

I would not trade right now.