$BTC Preparing for Test #5 @ $31050
*Continuation of prior post [Closer View]*
BTC Preparing for Test #5 of current ceiling resistance level @ $31050.
4 Prior ceiling tests [identified with blue rectangles].
The intersection of the parallel channel border and horizontal rays [representing prior respected resistance levels] seems to indicate a possibility of break-out from the channel / re-entering of the channel at or near the intersection point [identified with purple circles].
Next "Intersection Point" scheduled to occur on *roughly* July 15th, 2023.
BTC Preparing for Test #5 of current ceiling resistance level @ $31050.4 Prior ceiling tests [identified with blue rectangles].
The intersection of the parallel channel border and horizontal rays [representing prior respected resistance levels] seems to indicate a possibility of break-out from the channel / re-entering of the channel at or near the intersection point [identified with purple circles].
Next "Intersection Point" scheduled to occur on *roughly* July 15th, 2023.
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.