$BTC
According to Mery Analysis, why won't BTC go much higher?
The lines I have drawn indicate that if support 1 had not been broken and it started to go up, it could have gone higher, but it broke support 1 and reversed from support 2.
The yellow line you see between support 1 and support 2 was forming its resistance, but it broke that, and BTC became bullish.
Now, as long as BTC stays above this line, there will be an uptrend.
When it breaks this line, a bearish entry will be formed.
According to Mery Analysis, why won't BTC go much higher?
The lines I have drawn indicate that if support 1 had not been broken and it started to go up, it could have gone higher, but it broke support 1 and reversed from support 2.
The yellow line you see between support 1 and support 2 was forming its resistance, but it broke that, and BTC became bullish.
Now, as long as BTC stays above this line, there will be an uptrend.
When it breaks this line, a bearish entry will be formed.
