Wednesday’s pin high level (on 4H chart) ~7900 was the signal for correction. Price rebounded back to cycle low level ~6400. I think the reaction from cycle low line will be under test during the weekend. Neither direction has been confirmed yet. Need to follow and confirm rejection from the cycle low or break of this line before taking position.
Oh là là ! This is the second time I assumed the correct scenario, but missed it as my limit buy level is just a bit lower.
Bitcoin market does not let me win :((((
do You assume btc can be bought now from 6200 - 6300?
CitRoN_RouGe
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@Trindyuk, I would not actually. The price is very close to the broken cycle low line, it may act as a resistance. Better to confirm the uptrend above the line, if it can climb there...
Bitcoin market does not let me win :((((