Bitcoin Price Touched the Megaphone Pattern's Top
Bitcoin price touched the top of megaphone pattern's top. There is amazing megaphone pattern on Bitcoin price chart that worked as support and resistance before.
It was resistance time today. So, Bitcoin price may not break up 27K USD...
We may see drop on Bitcoin price after touching this resistance. It may be correction. Bitcoin price may go down to 25K where was great resistance broken hardly.
Main support on Bitcoin price chart is about 18500 USD. It is still on the table. Mini bullish season will be ended in a few weeks.
If you are on the game, continue. If you are not on the game, be careful...
Posted Using LeoFinance Beta
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I think the $27,000 is a critical price zone that anyone should watch out for at the moment.
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Hahaha! I really love your last words.
Indeed one has to be careful when dealing with not just bitcoin but with any cryptocurrencies.
Nice analysis anyway
Let's see how things works out
Thanks for your analysis