Bitcoin
Panjang

XBTUSD next trade 4 hour

86
Looking at the XBT it looks as though the trend may be reversing. We have seen a break in the trend line creating a higher high.

This is not a guarantee that this will turn around fully as it's previously been rejected at its current price. We need to wait for further confirmation.

I am waiting for the pullback at previous resistance. I will then be awaiting wicks to the downside and a bullish engulfing to tell me that the higher low has been confirmed. I will then be exiting at previous resistance.

Penafian

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