Btc broke our 2,5 year resistance trendline, whats next?
We got a CME gap at 9670, CME gaps are most likely to fill within the first 24 hours.
This being said its likely for btc to retrace to this level to fill the gap.
Reasons to open long;
-Bullish cross of the 20 and 50ma.
-inverted head and shoulders.
-Cup and handle.
-Break of 2,5 year resistance trendline.
Best place to open long is inbetween 9780 and 8670.
Good luck trading and happy profits!
We got a CME gap at 9670, CME gaps are most likely to fill within the first 24 hours.
This being said its likely for btc to retrace to this level to fill the gap.
Reasons to open long;
-Bullish cross of the 20 and 50ma.
-inverted head and shoulders.
-Cup and handle.
-Break of 2,5 year resistance trendline.
Best place to open long is inbetween 9780 and 8670.
Good luck trading and happy profits!
Comment:
Open long between 9780 and 9670*