I have been surprised by the resiliency of the bulls 2 of the last 3 mornings waking up, as 4 hour supports are not breaking. This is resulting in sideways daily consolidation, looking for weekend continuation. Watching GBTC for some potential clues today. ETHUSD is a potential bull flag on the daily, and we have not seen much profit taking at all in the space. We may be in for another weekend of bull fun. Note the line in the sand support, as long as it holds, bulls control the weekend. Get those volume alerts set!
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
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Thanks for the great TA guys. I'm sure we're all looking at the triple top possible formation on the top with the strong resistance. What are you guys's thoughts of the top price we could hit if we break resistance?
We removed 50% of our long trade just to lock in profits and are letting the rest ride the trailing stop loss line: