BTC respected 4hr downtrend
A follow up from my previous post.
Looks like the price bounced right at the 4hr downtrend line.
The 9800 support level seems to be holding pretty well.
We should see a break to above 10k if 9800 holds, otherwise we'll see a bounce along the trendline before a breakout.
I've a long position to cover the first scenario and also a limit order to secure my entry for the second possibility.
BTC is looking super bullish atm.
All the best in trading guys.
Looks like the price bounced right at the 4hr downtrend line.
The 9800 support level seems to be holding pretty well.
We should see a break to above 10k if 9800 holds, otherwise we'll see a bounce along the trendline before a breakout.
I've a long position to cover the first scenario and also a limit order to secure my entry for the second possibility.
BTC is looking super bullish atm.
All the best in trading guys.
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