Rejection on the first attempt as expected!
Weekly Timeframe
Four (4) Hours TF
Since the rejection, looking on the lower TF it shows the support on the 1.2K - 1.3K region, if this fails the next strong area of support is the 900-1K. On this regions we can expect good bounce to the upside and a possible breakthrough of the January 2018 ATH. An easy target of 1.5-1.6K in the short term is expected.
For now, let the market reveal more data to validate this analysis.
Watch the latest Vlog on YouTube:
https://youtube.com/channel/UCrRQy8T439crKspUU8yzD5Q
Register for FREE:
https://www.binance.com/en/register?ref=19786987
https://www.kucoin.com/ucenter/signup?rcode=7w8Rve
Related Topics: November 2020 BTC Trade
a. Cryptocurrencies DIVIDEND
b. Best Performance Assets the last Decade
Feel free to visit my YouTube Channel @ https://www.youtube.com/channel/UCrRQy8T439crKspUU8yzD5Q?view_as=subscriber
"I hope you'll find value in it, like it, Subscribe and hit the bell button."