Looks like we had a nice breakout of the consolidation triangle that formed on the BTCUSD 4hr chart. The volume on this move does not have me convinced. We were not able to break past that 12k resistance once again. Watch out for a possible double top scenario here. Average daily volume has been steadily declining. I would like to see the daily volume for todays candle increase significantly to be convinced of this move up.
Took partial profits on a long position at $12k.
Took partial profits on a long position at $12k.
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