Currently BTC had lose its position at the 4hr mid-long term bullish trend line.
Is this a 2-breakout? Maybe, it happens so many times in these days. Becareful at this moment.
What if breakout confirmed?
Yea, just wait for a best long position at around 42500.
Get into it when the the 42500 support confirmed twice and formed a W-shaped bottom. Stop profit before it tests the resistance and stop loss when it dumps over 42000 as that position doesn't have much liquidity, the price may hit till 41000 or even lower.
Is this a 2-breakout? Maybe, it happens so many times in these days. Becareful at this moment.
What if breakout confirmed?
Yea, just wait for a best long position at around 42500.
Get into it when the the 42500 support confirmed twice and formed a W-shaped bottom. Stop profit before it tests the resistance and stop loss when it dumps over 42000 as that position doesn't have much liquidity, the price may hit till 41000 or even lower.
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