weekly BTC/USD
Hi folks, hope you are trading well, here is my opinion on BTC/USD.
We'll go to yellow zone, perfectly to green resistance, and pull back towards 8k - 8.5k zone.
We are seeing a lot of support around 8k - 7k, which makes me believe that we won't drop as far south as 6k any more.
Also Ma (10) is giving a resistance zone from 9.3k-10k more strength.
Green line at 7.8k (daily support) and red trend line/support is a good zone to load up if we break 8k, which in my opinion is less likely.
This set up gives you easy 10-20%!
Wish you all good trading, do your own research before make any calls.
We'll go to yellow zone, perfectly to green resistance, and pull back towards 8k - 8.5k zone.
We are seeing a lot of support around 8k - 7k, which makes me believe that we won't drop as far south as 6k any more.
Also Ma (10) is giving a resistance zone from 9.3k-10k more strength.
Green line at 7.8k (daily support) and red trend line/support is a good zone to load up if we break 8k, which in my opinion is less likely.
This set up gives you easy 10-20%!
Wish you all good trading, do your own research before make any calls.
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