$BTC Complete Analysis On Hourly chart.
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BTC is at upper trend line acting as a resistance now. Also, it seems like a breakout from range forming b/w 9500-9650 but not a high volume so this can turn as a fakeout. If this is successful, we can see 10-10.2k easily. Best is to wait for now & see if there is any more clue either side. It would be great if we find any rejection as overall we are bearish and it can give us great risk:reward trade.
Thank you!!
BTC is at upper trend line acting as a resistance now. Also, it seems like a breakout from range forming b/w 9500-9650 but not a high volume so this can turn as a fakeout. If this is successful, we can see 10-10.2k easily. Best is to wait for now & see if there is any more clue either side. It would be great if we find any rejection as overall we are bearish and it can give us great risk:reward trade.
Thank you!!
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