Looks like the resistance will be broken 3 days 6 hours later. The volume while we reach the resistance is very important.
(This is not a financial advice. Check the facts for yourself)
BTC remains at cross roads, hinging on the outcome of the weekly close/open. Bullish sentiment has been fuelled by the recent break of the bearish trendline, here's a few scenarios to consider:
- A break and close below 8500 (and the bearish trendline) especially on the weekly will yield confidence to shorts. This will need to occur rather aggressively,...
Traders,
Here we have BTC/USD 4H chart.
No I don't think that we have bull&Bear fight here, We have bear winner on the stage.
After breaking out with uncomfortable ,volatile, and hard to trade with that liar breaking.
The best option remains to stay out for a while !
But if you are a holder my humble way to take a chance and getting away at the first...