Despite the pop today, BTC still hasn't broken through the resistance necessary to transition into a support zone. Be careful until the SMA(200) or SMA(20) hold. Keep an eye on the 4-hour chart for emerging trends.
Comment:
A close above the SMA(200) looks very promising. Keep your stops close, but cautiously optimistic.
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A close above the SMA(200) looks very promising. Keep your stops close, but cautiously optimistic.