Hi there, BTC had a very nice increase to test but got rejected from the major resistance of 52k, a reversal for the backtest of the support zone 49k is scheduled in my previous chart and in line with my Fib 0,618 in my chart, this also comes together with long/short hunting to the 48k zone as well. Such backtest brings a healthy correction for a bullish divergence while we still got overbought Stock RSI and low volume.
Trading strategy is unchanged as previous said, spot is considered to add more small amount at good price. Due to a rejected resistance of 52k, future trading is not recommended at the moment.
Thats all for today, have a nice season !
Trading strategy is unchanged as previous said, spot is considered to add more small amount at good price. Due to a rejected resistance of 52k, future trading is not recommended at the moment.
Thats all for today, have a nice season !