if we complete the Head and Shoulder pattern the BTC could come down to 34k.
but if we could maintain at above 20 SMA we can hit 42k then maintain a bit there and begin to rise again.
We also have a 0.5 fibonacci resistance in 36300.
and a chikou span B resistance at 37800.
the first scenario is more likely to happen.
but if we could maintain at above 20 SMA we can hit 42k then maintain a bit there and begin to rise again.
We also have a 0.5 fibonacci resistance in 36300.
and a chikou span B resistance at 37800.
the first scenario is more likely to happen.