BTC - USD : Decision ahead
Updated
We printed a higher low on the daily - which is a great sign. Let's keep an eye on that young trend line and let's see if we can print a higher high above 7150.
The descending triangle from 13K is the biggest resistance, followed by the last tops at 8400 - horizontal line.
If BTC can break both resistances upward, the next leg up will be a powerful one...
The descending triangle from 13K is the biggest resistance, followed by the last tops at 8400 - horizontal line.
If BTC can break both resistances upward, the next leg up will be a powerful one...
Note
5.900 is the last standNote
It is safe to say that long positions should move their stop loss right below 6100 USD.As we approach to the apex of the triangle, let's observe if we can make a move above 7150.
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