Well, as we can see - the price took hold above the strong resistance (±$5235) and now came to the another resistance ($5350) that is formed by a flat triangle's top edge. If the price breaks through this resistance and takes hold above, we will have great chances to see upward movements to $5400 - $5500 -$5600 zones. However, in case the price won't break the resistance - it will come back to the previous resistance (now support) $5235.
By the way, we have to keep in mind that in case the price breaks the support at $5200, we can cancell our LONG position and look for a SHORT entry points.
By the way, we have to keep in mind that in case the price breaks the support at $5200, we can cancell our LONG position and look for a SHORT entry points.
Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.