Happy New Year to everyone!
Just a quick post as I'm unfortunately limited this week in ability to keep close watch on any trading.
I've been away from charts and trading in general for several days. Really just a mental break and enjoying other things. And oddly enough, BTC is within $10 of where it was when I last posted a chart several days ago.
So overall BTC has been trading sideways. We had a fairly decent pull back and was an opportunity for a low risk entry down in $3600's as the low for the bulls to hold has been $3567 so was a small risk if looking to scale into anything and then using 3567 for a SL. Bulls have since made their way back into the $3800s and are looking to retest some prior highs. Next noticeable level to me is up at $3972 with bulls reaching the high today of $3887. And beyond that would be our high from Christmas Eve of $4239. In comparison to ETH, the BTC bulls are much slower moving. ETH has already started its breakout but BTC is still taking its time.
Since I personally had taken a few days off, no real interest to me at these levels as I don't care to chase after anything and instead will wait until a better setup for my next trade. I am out of town next several days so likely away from charts until Sunday or Monday. But lets see what BTC can do remainder of this week and see if they can follow suit with what ETH is trying to do on its end.
Happy trading!
Just My 2 Sats!
