RT_Money

Bitcoin: Rejecting support...?

Panjang
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Price is at a point of confluence. The long time trend line is crossing the horizontal support, where price is showing preliminary signs of rejection. A break above the previous 4H candle high , and a close, would signal buys, in my view.

What are your thoughts? Leave me a comment, kif you would.
Thank you!
Komen:
I would recommend not entering a buy position until after NFP tomorrow. The markets may have volatile and misleading reaction that could affect this trade idea.
Also, I am leaning more towards a Daily candle close above resistance, as confirmation, instead of a 4H close.
Komen:
Happy?
Went as high as +100 pips! Congrats to those that took the trade! Take your profits and enjoy the weekend!
May pips be upon you!
Komen:
Profitable trade! Love to end the week on a positive note!
Did you catch some of this? Let me hear from you in the comments!

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