btc has broken above the channel and closed a weekly above 200ma
BTC has pumped nicely from 3.5k-4k levels. How far will this rally continue?
I think its now at a critical deciding area.
Break above or below low tf levels will dictate future price direction!
If btc breaks low tf resisitance at 6.8k its safe to expect 8k area.
But if it breaks back below 6400 area, then it would mean this was a fake breakout.
So yes basically up or down, But we wait for confirmation. If 4h closes above 6.8k long, If 4h closes below 6400 short. 6600 area is not trading zone for me personally
I think its now at a critical deciding area.
Break above or below low tf levels will dictate future price direction!
If btc breaks low tf resisitance at 6.8k its safe to expect 8k area.
But if it breaks back below 6400 area, then it would mean this was a fake breakout.
So yes basically up or down, But we wait for confirmation. If 4h closes above 6.8k long, If 4h closes below 6400 short. 6600 area is not trading zone for me personally
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feeling more and more like its gonna pump atm. but sideways of hell is killing us!
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consolidation piss n propsrtetiyqatuq
consolidation piss n propsrtetiyqatuq
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if u dont understand dat der trendline its bearish.
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so if 6400 breaks here its gonna rain hell.
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not convinced of this dump.
dxy is going down, so thats not good for btc bears. if this closes above 6.4k that would invalidate the trade idea.
dxy is going down, so thats not good for btc bears. if this closes above 6.4k that would invalidate the trade idea.
long above green short below red.