BTC/USD Analysis : Bulls are Ready to break $7800 dollar resistance
Hello Guys How are you doing..
Today I have a very good News for you, BTC is now ready to break the $7800 strong resistance. Yes you are reading right after almost 3 bearish weeks BTC is finally ready to break this resistance.
In this 30 minutes chart you can see the Triangle is forming with some growth in volume and now I am expecting it to break this resistance soon. We can see a small pullback towards $7580 before that. Also Stochastic indicator is also lying in oversold area.
So after this break up, our next target will be $8200 and $8500. Here $8200 is small resistance but $8500 is another big resistance to break so hope we will get till that level .
So let see what happens but there are strong chances of breakout in coming 2-3 days. Till then hold your positions and buy some cheap alts for next bull run.
Thank you.
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