BlackBirdTrading

BTC updated charts

BINANCE:BTCUSDT   Bitcoin / TetherUS
As said in the previous idea BTC fall from the HnS or _ick as some said. On H4 that area created a strong resistance.

Analysis
  • Below strong resistance
  • Below fib resistance
  • Took support on fib level and a trendline from ATH area.
  • But with the wicks I can say the trendline and fib levels both are broken.
  • It is retesting the resistance

Actions
  • If next candle close above resistance we do long or else short
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Played out well

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