BTC has violated it's uptrend line and downtrend line. We need to see if the current price action is going to make a head-and-shoulders pattern. I'll not trade until I see a clear price direction. Enter long when price breaks $11750 (a very strong resistance level as shown yesterday).
This analysis is for education purpose only. Invest by doing your own research.
This analysis is for education purpose only. Invest by doing your own research.
The problem with the crypos TA is that the situation changes very fast. We need to have our fingers on triggers all the time to take swift action to protect or save our profits.
Let's sit back and watch BTC.
Cheers
I do not claim to be a master of the cryptos or technical analysis, I am a student and will always be one.