Replying to Avatar ภ๏รtг๏ภคยt

The Bitcoin daily closed well above the range highs and very close to testing the previous range lows at $28k.

Since the high last night, there is some downtrend resistance forming on the hourly chart that needs to be flipped to see a push to $28k+. Also facing some resistance at the Daily Open too.

Whilst the price is holding above $27k we can see that push, but if we begin to show weakness there and start to lose the level then I will look for better entries lower.

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JonOthen Suddenly 2y ago

28-32k will be a heavy level to flip

Lots of historical confluence

Which means there should be fuel if the Bullas really want to party

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