BTCUSD Trapped in another slow downtrend!
After breaking to 10200 as expected, we again trapped at yet another potential slow downtrend towards 9800, 9700,9600, 9400...bottom line we have created so much confluence with indecision there is no clear signs of a major break. Bitcoin is now trading more like a stable coin than the volatile monster that we came to know. I will be adjusting the orange slopping resistance as the trend paints a better picture of direction, the rest have been playing in line with the trend so far.
Play your cards close to your chest, buy what you can afford and dump only at a profit, do not feed the whales.
That said Trade Safely, Happy Trading.
A word from the greats: This is by no means financial advice, I am just but a foolish bull!
Play your cards close to your chest, buy what you can afford and dump only at a profit, do not feed the whales.
That said Trade Safely, Happy Trading.
A word from the greats: This is by no means financial advice, I am just but a foolish bull!
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