test of Monthly resistance trendline
BTCUSD just tested the Monthly resistance trendline and pulled back
A monthly close above the line and potentially off to the races
In the meantime there is still a chance BTCUSD remains in this channel
One strategy could be to lighten up BTCUSD positions here on up... if BTCUSD manages to close December above the trend line, great, but otherwise might have a good chance to buy back below the trend line around the new year
Or could just wait and see
Not financial advice
A monthly close above the line and potentially off to the races
In the meantime there is still a chance BTCUSD remains in this channel
One strategy could be to lighten up BTCUSD positions here on up... if BTCUSD manages to close December above the trend line, great, but otherwise might have a good chance to buy back below the trend line around the new year
Or could just wait and see
Not financial advice
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