BTC finally broke its resistance, and started its uptrend
BTC, finally broke its trend line resistance and holded too above the resistance level, which shows reversal of trend from (downtrend to uptrend),
and there is increase in buying pressure(marked by red arrow in the chart) too which in turn confirmed the reversal,
So, the next resistance level can be seen around $57.4k which BTC can test in coming days and once it breaks the resistance of $57.4k a new rally can be seen.....
So, finally some good patterns on the BTC chart.....
Feel free to question on the analysis :-).
and there is increase in buying pressure(marked by red arrow in the chart) too which in turn confirmed the reversal,
So, the next resistance level can be seen around $57.4k which BTC can test in coming days and once it breaks the resistance of $57.4k a new rally can be seen.....
So, finally some good patterns on the BTC chart.....
Feel free to question on the analysis :-).