BTC possible long in low zone of Trading Range
Right now BTC in low zone of Trading Range (TR). In TR 80% of breakout attemps will fail and lead to reversal.
Bulls should wait for signs of buying pressure, at least one good bull bar closed near its high to enter long position.
Bears could only short in case of breakout TR with strong bear bars.
Bulls should wait for signs of buying pressure, at least one good bull bar closed near its high to enter long position.
Bears could only short in case of breakout TR with strong bear bars.
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