Tryrex
$BTC
The hypothesis of 90 500$ turning from a resistance into a support got weaker as price made clears wicks below this level, suggesting it is not being strongly respected.
However, it is holding so far and we have a 12-hour close above this level.
The real support level for Bitcoin would rather be 88 500$ with potential wicks just below 87k
Moreover, we see the same the same kind of pattern on the ETH daily chart also.
The upper resistance level for $BTC remains 94 500$. We got a real strong rejection on Tuesday. This should hold for now.
I will now wait for 88 500$ before starting a lon
The hypothesis of 90 500$ turning from a resistance into a support got weaker as price made clears wicks below this level, suggesting it is not being strongly respected.
However, it is holding so far and we have a 12-hour close above this level.
The real support level for Bitcoin would rather be 88 500$ with potential wicks just below 87k
Moreover, we see the same the same kind of pattern on the ETH daily chart also.
The upper resistance level for $BTC remains 94 500$. We got a real strong rejection on Tuesday. This should hold for now.
I will now wait for 88 500$ before starting a lon











