BTC flirting with bear trend line(yellow).
Need to break and hold 200 SMA (dark blue), and then further break major resistance point @ $7500 (brown) for me to believe the bulls are starting to win.
If it fails to break and hold yellow trend, another test of support at the bottom of the giant triangle (bottom brown lines).
BTCUSD
Need to break and hold 200 SMA (dark blue), and then further break major resistance point @ $7500 (brown) for me to believe the bulls are starting to win.
If it fails to break and hold yellow trend, another test of support at the bottom of the giant triangle (bottom brown lines).
BTCUSD