BTC is at confluence point of four resistances !

BTC is going to fight with 4 resistances simultaneously ! Is it able to win the battle? Lets follow.

As shown on the chart, resistances are :

1. Major down trend line
2. 100 days moving average
3. Minor static resistance
4. minor dynamic resistance

Order of numbers shows importance of resistances with 1 being the most and 4 the least.

Do you think BTC can break out all these resistances? We have to be open minded but I think it needs a very strong trigger (if it can find any) to be able to survive this battle.

Good luck everybody

تعليق:

So far, BTC lost the battle.