#4 - BTC Rising on low volumes about to encounter key resistance
As BTC shows signs of weak recovery (on low volumes) it is about to:
• Retest the 4 day rejection level around 7100-7300
• A break above 7300 could see a quick rise to 7600
• 7600-7700 is heavy resistance at the descending trend line. A break above this would add much needed confidence into the scene.
Not financial advice.
• Retest the 4 day rejection level around 7100-7300
• A break above 7300 could see a quick rise to 7600
• 7600-7700 is heavy resistance at the descending trend line. A break above this would add much needed confidence into the scene.
Not financial advice.