BTC - Wait for next move
#BTCUSDT Daily Update
Frame H1
- After breaking out of the $ 24k resistance, BTC soared to hit $ 28k, you can review your previous analysis.
Here, BTC continues to react price and formed resistance of $ 28k, the price reaction has not seen anything special, so I rate this resistance is quite weak.
- Yesterday, BTC formed slightly the H1 frame triangle pattern, I got up a little late this morning so I broke when I woke up and the price increased after exiting this triangle.
- The price will react at $ 28k, you should wait for confirm breakout to have a safe point to buy
- Note, the two previous positions I made before at $ 18k and $ 24k are a safe position, later positions in the main trend you should actively take profit in the short term.
Frame H1
- After breaking out of the $ 24k resistance, BTC soared to hit $ 28k, you can review your previous analysis.
Here, BTC continues to react price and formed resistance of $ 28k, the price reaction has not seen anything special, so I rate this resistance is quite weak.
- Yesterday, BTC formed slightly the H1 frame triangle pattern, I got up a little late this morning so I broke when I woke up and the price increased after exiting this triangle.
- The price will react at $ 28k, you should wait for confirm breakout to have a safe point to buy
- Note, the two previous positions I made before at $ 18k and $ 24k are a safe position, later positions in the main trend you should actively take profit in the short term.
Related publications
Disclaimer
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.