Bitcoin: UPDATE
Remember when I said, "Anything that happened above 60200 is considered a noise".
It turned out to be true; now 60200 is key resistance and keeps pushing us down.
We are consolidating right now and building this up as an uptrend... we also gave 3 long signals on this movement but honestly, this is a very weak breakout.
There's no power to this. however, we're gonna test the ATH once more, soon.
If any of you guys want to open a position, don't do it when it's near the ATH, wait at least 4 hours until we touch it. make sure if it's a breakout or a rejection. remember: one 4H candle can tell you everything.
It turned out to be true; now 60200 is key resistance and keeps pushing us down.
We are consolidating right now and building this up as an uptrend... we also gave 3 long signals on this movement but honestly, this is a very weak breakout.
There's no power to this. however, we're gonna test the ATH once more, soon.
If any of you guys want to open a position, don't do it when it's near the ATH, wait at least 4 hours until we touch it. make sure if it's a breakout or a rejection. remember: one 4H candle can tell you everything.
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