BTC bullish validation

16 באוק׳ 2022

In the resistance area right now, BTC is showing weak signs of strength. If we close and confirm above the resistance area we will be headed towards the next resistance green line. Failing to reclaim this level can send the price back down either to the pitchfork trendline or in the neutral bearish zone. All bullish ideas are invalidated if we close below the red line.