Hi everyone,
Yesterday I talked about how DOTUSDT was going to retest an important support level and bounce from it which it actually did. (link down below)
Today we are looking at BTCUSDT where we just did a retest of the lower time frame head and shoulders and we are now at the major resistance level.
In the last couple days, I mentioned that we were going to retest that resistance level multiple times and it did that. For now, I expect the price to consolidate a little bit on that resistance level before we break it to the upside.
Notice that we removed the liquidity that was sitting on top of the last peak.
In conclusion, I think that we are still bullish and we are going to make some nice moves the 2nd half of the year.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
Yesterday I talked about how DOTUSDT was going to retest an important support level and bounce from it which it actually did. (link down below)
Today we are looking at BTCUSDT where we just did a retest of the lower time frame head and shoulders and we are now at the major resistance level.
In the last couple days, I mentioned that we were going to retest that resistance level multiple times and it did that. For now, I expect the price to consolidate a little bit on that resistance level before we break it to the upside.
Notice that we removed the liquidity that was sitting on top of the last peak.
In conclusion, I think that we are still bullish and we are going to make some nice moves the 2nd half of the year.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
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