Small Bullish Pullback trade on BTCUSD to break 8775 Failed! 8775 is a minor resistance that has developed. We got a bullish green setup to attempt to break it yesterday. A pull back entry was use to minimize risk to see if break the resistance and the bullish trend continues. The pull back trade got stopped out with minimal loss. It shows, bitcoin is not ready for a breakout yet. A breakout order at the blue dots will place to see if can break it soon.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.