$BTC - A similar pattern like early April
If you divide this chart in two halves A and B, you can observe similar patterns in both the halves. A1 and B1 are exterior resistances followed by A2 and B2 as interior ones. A bull run was observed once A2 broke out in April which ultimately helped it breaking out at level A1 too. At present B2 has broken out and it would be interesting to see if it helps overcoming B1.
If it fails to overcome this B2 resistance, expect it to test the elliptical support zone.
If it fails to overcome this B2 resistance, expect it to test the elliptical support zone.
Feragatname
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