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BTCUSDT is below historical resistance 🦐

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice bitcoinusd Fibonacci Retracement fibonaccianalysis
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trendanalysis chartpattern waveanalysis bitcoin bitcoinforecast bitcoinprice bitcoinusd fibonacciretracement fibonaccianalysis
BTCUSDT is below historical resistance, one of the first rules is don't buy below resistance, and another rule is "trend is your friend".
At the moment the price is trying to have a breakout from huge resistance, IF the price will have a breakout, we need to wait for confirmation, otherwise, the price could have a retracement on 0.618 Fibonacci level, previous weekly resistance.

You need to wait at the moment.
Komentarz:
Everything as expected
"At the moment the price is trying to have a breakout from huge resistance, IF the price will have a breakout, we need to wait for confirmation, otherwise, the price could have a retracement on 0.618 Fibonacci level, previous weekly resistance."

snapshot

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