Hello traders,
Btc is making not much of any moves these days in October. Didn't open any trade today, stayed on the sidelines of a boring game. every try of the bears on 4h candles gets rejected by the bulls. still, we are making lower lows and lower highs. If the 6500's get broken we will land on a good support of the 6375 levels. to stay bullish we should close above that level. I will then enter some longs of the signal is clear. For now, let's wait and see what happens. Don't be greedy and impatient and do a half trade. Remember guys we are still in a downtrend and forming a small bullish ascending broadening wedge, if we hold we will see the huge 2018 resistance line at around 7000 Dollar.
GL trading guys, don't forget to follow me on Tradingview and twitter
Btc is making not much of any moves these days in October. Didn't open any trade today, stayed on the sidelines of a boring game. every try of the bears on 4h candles gets rejected by the bulls. still, we are making lower lows and lower highs. If the 6500's get broken we will land on a good support of the 6375 levels. to stay bullish we should close above that level. I will then enter some longs of the signal is clear. For now, let's wait and see what happens. Don't be greedy and impatient and do a half trade. Remember guys we are still in a downtrend and forming a small bullish ascending broadening wedge, if we hold we will see the huge 2018 resistance line at around 7000 Dollar.
GL trading guys, don't forget to follow me on Tradingview and twitter