BTC - Possible visit to 26k if unable to close above 37k
BTC - Possible visit to 26k if unable to close above 37k
The green area in the graph below is the strong 37K resistance block .
BTC needs to close above that area with good volume to confidently be moving higher.
The green area in the graph below is the strong 37K resistance block .
BTC needs to close above that area with good volume to confidently be moving higher.
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Also BTC seems to be forming a rising wedge currently and closing above 37K will signal a break out of the rising wedge
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On the CME chart this also looks like a double top
www.tradingview.com/...a-double-top-to-26k/
www.tradingview.com/...a-double-top-to-26k/