1 min

Bitcoin is trying to break major resistance!

That is why I will not be surprised if this major resistance is going to be broken easy.

Hello, everyone!

Yesterday in this article I told that if the price will go up from that platform we can see the big bounce scenario. Now the price is trying to break through the major resistance. Here we can see the supply zone and the 0.38 Fib level. It is logically to expect some correction from this level, but we still did not receive any bearish signal even on 4h timeframe. That is why I will not be surprised if this major resistance is going to be broken easy.

Trade easy with Smart tools

Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform.

Similar blog posts

Hello, Skyrexians! Recently we have already made the analysis that ETH is printing the wave C inside the global wave 2 in this bull run. Today we will consider the

Hello, Skyrexians! We have already made a lot of analysis on ADA and all of them plays out great, this coin is very technical moving, so we can predict them

Hello, Skyrexians! Recently talked enough about the Bitcoin and Dominance, it’s time to come back to altcoins with great potential. This is time for because it looks like to flash

Hello, Skyrexians! Yesterday we pointed out that 0.5 Fibonacci has been reached at 80k and this dump will not continue. Today we have a great bounce above $85 and the great chart

Hello, Skyrexians! Despite the extreme fear tonight BTC continues going down and finally broke 80k.Investors are panic selling right now and don’t know what to do. But we pointed out earlier

Hello, Skyrexians! As you remember we have the previous analysis on Bitcoin Dominance where we pointed out the target at 66% and the shakeout. But we were sure that it