I'm going to chart these 2 projects BTC/USD and Globatalent GBT/USD
The BTC price looks very well and it manages to break above the pretty strong resistance level. The level which stayed around 10k was a pretty nice reversal area but we neede a bearish candlestick pattern around it. Luckily (knowing the price action after it), we didn't get it and the price made a pretty impressive 3H-5h candle break above the short-term counter-trendline and above the EMA or Exponential Moving Average.
We all know that those counter-trendline breaks are pretty powerful and now, the Bitcoin price trades around $10,600.
There are some opportunities to jump into the wave but they are really inconvenient trades, considering risk/reward ratios and etc.
So, what are the possible scenarios on the said price?
The price can easily go to the strongest horizontal price level and I believe it stays around $11,000 if the price going trends we will reach the $12,000. The moment can't call a short but can be a long from there but let's see, all depends on the price action.
The same thoughts as well with Globatalent or GBT/USD
Since lots of sports athletes or clubs willing to be part of globatalent. It will go trends. From the bottom price of 0.000060 USD now it doubles the price now at 0.000127 USD gaining with 66.28%.
If the bitcoin will go up and reach the 12k+ and with the new athletes join GBT maybe it will go under 0.000200 USD.
The support of GBT under 0.000090-0.000100 USD, We will see what happen next.
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