Myst_Trader

What's up with our Bullish Bitcoin?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
A few days ago I did a BTC review:


And I think it's time to update that idea!

BTC went above the resistance zone and now stopped at it as a support zone (as if making a backtest). In this case, we would be better above 50EMA, but so far we are lower.

Do I take a long here? No, I don't.

And what to do?
To avoid getting trapped, I would advise waiting for some kind of larger pattern and confirmation that resistance has really become support.

Komen:
Resistance became support.
Would I buy here? -No.
I wanna see something bigger.

But for short-term guys it's cool backtest!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.