BTCUSD two week forecast

5 ביוני 2018

For this time we have strong Weekly Resistance Line (0.618 Fibo, app. 7.8k$) and Senkou Span B (Red Line) as a Resistance and that's why the price cannot move upper. But daily support line (app. 6.8k$) is strong enough. In another hand, Triangle had formed. Depending on the direction of breakdown, the price can go to 12k$ or to previous support line (app. 6.0k$). In closest time a more realistic case is uptrend.