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Buy the bitcoin after the pullback on the support area

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BTC is finding some resistance and needs to pullback a bit on the 10530 area before trying to reach higher levels given by flat sections of SSB/Kijun. It is too late to buy now. The trendline could provide some boost for a new bullish leg. The MACDZ is still slightly bullish but it clearly shows it's running out of steam. The main target is 13250 which is a long flat section of Kijun where the market made a halt in the past.

So plan is:
  • Wait for pullback
  • Buy on a reversal pattern (bullish engulfing for example)
  • Move the SL to BE when we reach the first significant resistance (11626, flat portion of the SSB)
Pesanan dibatalkan
Cancelled because there was no reversal on the expected levels.

Penafian

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