BTC reached a nice level of confluence at 31k but is not looking very good in my opinion, so we could see a break of this level soon.
However if we hold it and reclaim the weekly at 32290 we will look for longs.
Next level is the daily at 30387 which is also very important and we have got nice reactions off this level in the past.
If we break it we could start looking for mid to low 20s and if we hold it look for a move back to 31k.
Any question?
Good luck traders
Remember not to break your rules
Habib
However if we hold it and reclaim the weekly at 32290 we will look for longs.
Next level is the daily at 30387 which is also very important and we have got nice reactions off this level in the past.
If we break it we could start looking for mid to low 20s and if we hold it look for a move back to 31k.
Any question?
Good luck traders
Remember not to break your rules
Habib
