Bitcoin | Resistance Rejected Again..!!!

19 בדצמ׳ 2019

BTC/USD (Bitcoin)

Yesterday BTCUSD Did Well After Testing Crucial Support (6600) & Descending Channel's Bottom With Double Bottom & Bullish Divergence in Daily Chart..

Now Facing Tiny Resistance Daily EMA21 (7282) (If Broke it Then Next Target Will be 7800)

According to VPVR (Volume Profile), 7800-8200 is the Key Resistance Area & Downtrend Breakout Zone As well..

Bitcoin Next Plan..!!

BTCUSD Rejected the Resistance Last 4 Times & Now Towards the 4H EMA50 & Key Support (7048)

I think BTC Will Test the Support & If Hold it Then It Might Breakout the Resistance in 5th Attempt.

If Resistance Broken then it might Test 7862..!!


Bitcoin Dominance..!!

Bitcoin DOM is Continuously Increasing & Almost Broke the Key Resistance as well..

That's Not a Good Sign For ALTS..(Only Strong ALTS Will Survive in This Market)




Please, give us your opinion in the comments.!!