Firstly, I'm a newbie and this is my first idea to be published.
In my view, BTC is heading on an uptrend, a pull back is always healthy. I was seeing a trend line upwards, but suddenly again BTC pumped and created a new trend line. However new trend line was short lived and it came back to previous trend line.
Currently its trying to break a new resistance at 12400$ level while having a immediate support at 11400$ level which was a previous resistance
In my view, BTC is heading on an uptrend, a pull back is always healthy. I was seeing a trend line upwards, but suddenly again BTC pumped and created a new trend line. However new trend line was short lived and it came back to previous trend line.
Currently its trying to break a new resistance at 12400$ level while having a immediate support at 11400$ level which was a previous resistance
Trade closed: stop reached:
my support line has breached! so need to go back and see how is the new trend line.