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gwfarrow96
17 sty 2021 12:54

Honouring support at $35k Long

Bitcoin / United States DollarCoinbase

Opis

We have had a few more days now to gather our thoughts and see which levels BTC is honouring at the moment. We can see an ascending wedge pattern that we have stayed within the confines of. Within this wedge however we have a support line at 35k that it is honouring - if we a breach of this support then our next level is at 30k. The bullish argument here is that we are seeing a lot of resistance at the support level and expect to see further consolidation within the wedge, leading to a break-out.
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