Post
VaziTrades
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#BTC had a nice run up and currently facing a resistance at 66676$
1. For bullish trend continuation we should see BTC breaking up above the resistance at H4 , in this case the price will pump until next resistance zone at 70887$.
2. Otherwise, high chances to see BTC testing support zone at around 64482 - 63474, where we can look for long position.
3. Bearish scenario would be if BTC closes below 63400$ on H4 TF, in this case BTC may test one of lower levels again: 60508, 59026, 57246
1. For bullish trend continuation we should see BTC breaking up above the resistance at H4 , in this case the price will pump until next resistance zone at 70887$.
2. Otherwise, high chances to see BTC testing support zone at around 64482 - 63474, where we can look for long position.
3. Bearish scenario would be if BTC closes below 63400$ on H4 TF, in this case BTC may test one of lower levels again: 60508, 59026, 57246