UnknownUnicorn22804749

BITCOIN MID TIME FRAME UPDATE

BINANCE:BTCUSDT   Bitcoin / TetherUS


we have formed a horizontal channel and have been ranging for 3 days now, there is a few support levels, but the most important one is the 200MA on hourly and the most important resistance level is the orange resistance line just above the channel
Comment:
BITCOIN UPDATE

we are still in the horizontal channel, I am personally not trading this, I have my alert on resistance of upper channel and the 1h 200MA

I like to trade breakouts and breakdowns, so sitting out on this is fine, no point forcing trades

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