For more daily Analysis, please go ahead and follow me. All charts are annotated and thoroughly described for the benefit of traders.
Here we have our BTCUSD chart.
You can see how we have rallied right up to new all time highs.
You can also see how price reacted before and is reacting now.
We are way off our MA's and there is notable support below.
It is for this reason we are short on the rise up.
It is important to understand that we are now at previous high prices. We like to buy low and sell high..!
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