***It's not financial advice***
Trading is all about to lose money. Trade the amount of money that you can afford to lose.
Important points:
1. FIB levels are acting like support and resistance levels.
2. We are still in downtrend channel's upper line. BTC is looking through to breakout that level.
3. BTC broke out of falling wedge pattern and made higher high close. Everything is similar to textbook pattern.
4. It's staying strong at 48.3-48.8 small price range. So it should choose where to go. Up or down.
5. BTC has retraced from 49.3k with above average volume. It indicates to some fear at 49.3k resistance level.
6. DOJI TIME :D
DYOR! DON'T RUSH INTO TRADES BLINDLY! YOU'RE RESPONSIBLE FOR YOUR OWN ACTION. SO MAKE MORE QUALIFIED AND MORE CERTAIN ACTIONS.
THANKS FOR YOUR ATTENTION.
Trading is all about to lose money. Trade the amount of money that you can afford to lose.
Important points:
1. FIB levels are acting like support and resistance levels.
2. We are still in downtrend channel's upper line. BTC is looking through to breakout that level.
3. BTC broke out of falling wedge pattern and made higher high close. Everything is similar to textbook pattern.
4. It's staying strong at 48.3-48.8 small price range. So it should choose where to go. Up or down.
5. BTC has retraced from 49.3k with above average volume. It indicates to some fear at 49.3k resistance level.
6. DOJI TIME :D
DYOR! DON'T RUSH INTO TRADES BLINDLY! YOU'RE RESPONSIBLE FOR YOUR OWN ACTION. SO MAKE MORE QUALIFIED AND MORE CERTAIN ACTIONS.
THANKS FOR YOUR ATTENTION.