Situation on a smaller timeframe after key levels were called out on the last post.
As expected BTC reacted exactly at the key support level around 25,000. It however only rose to 28,000ish before creating a bearish formation and breaking down again.
We did not trade the move up just as we have not traded the move down. However, we are constantly analysing until the perfect opportunity reveals itself, just like it has done in our past trades.
As expected BTC reacted exactly at the key support level around 25,000. It however only rose to 28,000ish before creating a bearish formation and breaking down again.
We did not trade the move up just as we have not traded the move down. However, we are constantly analysing until the perfect opportunity reveals itself, just like it has done in our past trades.
