BTC# 85 -- 09.03.2021 Breakout! My price target and resistance!

9 мар. 2021 г.

Hello together,

Enclosed is again my daily update on the BTC price.

We broke out beautifully from the inverse H&S this night and are currently trading at around $54,000. The first major resistance before our ATH would be at around $55,800. In fact, this is where our yellow uptrend channel is, which has always acted as resistance over the past few months, and when we break above it, as support. If we close a 1h candle and better a 4h candle above it, I assume that we break our ATH and see a move aufjedenfall to approx, 70,000$, before we can expect again a small correction. After that, my price target is around $82,000.

Keep an eye on the resistance!

Short and quick update for you!

Your Schueco / BTC Moneymaker

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