





The price maintains its course towards the key resistance located within the price range of 10900 - 10400, this is an important supply level to which we must pay close attention, there is not much to update from my previous analysis, many analysts have been expecting a drop since we are at 9500, but apparently ignore the functioning of the EW and the counting of a trend, at all times the price has been inclined towards consolidation below the resistance, a fact that indicates the push of the buying force within the forming pattern.







In conclusion, BTC continues to be strong in all the temporalities, the daily close has been bullish with an upward indication, the follow up in 4H is very favorable, we have made the break of the high range in the minor figure and made the flip of the resistance in the major diagonal, the price is headed to 10,000 in the short term, the advance can become difficult once we reach the range mentioned above, so we must be very attentive to the action of the price in 1D and always remember to place your stop losses to avoid possible invalidations during the movement.







This is a short update from my previous analysis in which I mentioned the general context, more update once we reach the resistance, if you want to be aware of my constant updates, I invite you to follow me on twitter, here below you have my link:







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