BTC Next moves mapped för BITFINEX:BTCUSD av Pavoe

chartpattern indicator waveanalysis btcusd trendlinebreak

BTC is the down trend and for this reason, several people are losing money to believe that we are on the ascending failing edge.
But here is the path mapped for you to be more confident in your trades. Make your decision.

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BTC respected our trend line support and resistance and held on to the support at the retests. Now We need to pay attention to the upper trend line resistance at 27450.

We need ascendent volume with open interest increasing and a decline of the short ration relationship to see BTC upward to 28k and then 31k

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