Resistance will decide everything The extreme resistance level of the… — Crypto Hunter

Crypto Hunter | 29x@crypto29off · 36.7K subscribers Open in TelegramOpen

Crypto Hunter | 29x✏️ $BTC $81,000 We got a sharp 5% upside impulse and again moved to test the range boundary at $81,000 So what happened was exactly the reason I didn't open a new short without the necessary confirmation. We got a local move higher and another test of the…

Resistance will decide everything

The extreme resistance level of the current downtrend is at $82,500

Only if we break above it with a close at least on the daily candle will I consider a continuation of the upside. But as long as that hasn't happened, I'm leaning toward getting a reversal reaction from here

I think that either after another test of the resistance boundary, or after a new high by a couple hundred dollars, we should see a strong pullback reaction followed by a resumption of the bearish trend. I'll stick to that