Heavy resistance soon on BTC

in #bitcoin7 years ago

Hello
Note: this info are for learning purpose, don't buy or sell based on it.

We can see that BTC will face a heavy resistance between $9000 et $9400 that contain:

  • 9000 as a round number
  • 23% growth in fibo tracement
  • Price projection of header and shoulder
  • the middle of the channel

we need a continues form for bypass this resistance, it can be a triangle or Bull flag , where we see consolidation , then broke the resistance, and use it as a support for the big up trend, or maybe it could push us down. NOTHING is sure