Bitcoin / TetherUS
Panjang

BTC respected 4hr downtrend

A follow up from my previous post.
Looks like the price bounced right at the 4hr downtrend line.

The 9800 support level seems to be holding pretty well.
We should see a break to above 10k if 9800 holds, otherwise we'll see a bounce along the trendline before a breakout.

I've a long position to cover the first scenario and also a limit order to secure my entry for the second possibility.
BTC is looking super bullish atm.

All the best in trading guys.

Penafian