Hey dear traders , so looking at many tech indicators although its a bull flag on 1d -4 h chart and it should be 30% down -70 % up , i still have might doubts about this for me its more 50-50 , we have a lot of bearish indicators but on the otherhand RSI is showing bullish div on different time frames , but then again voluime is vcery weak on the last 3 moves and for btc its not normal that we move so close to the end of a triangle that makes me scared .
My advise is clear close above 8600-8700 level on 15min time frame is breakout up and you can long it or buy it target 11.5 k with a small stop around 9k , for a safer trade wait for 3 green candles on the 1 h chart above the targets , on the downside sell around -short 8400-8300 if we break below this but wait for a candle stick to close on the 4h on this to do so , why no stop loss simple check the charts alot of liquidation wicks that can kick you out and does not mean anything in the charts , good luck guys
My advise is clear close above 8600-8700 level on 15min time frame is breakout up and you can long it or buy it target 11.5 k with a small stop around 9k , for a safer trade wait for 3 green candles on the 1 h chart above the targets , on the downside sell around -short 8400-8300 if we break below this but wait for a candle stick to close on the 4h on this to do so , why no stop loss simple check the charts alot of liquidation wicks that can kick you out and does not mean anything in the charts , good luck guys
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well 8550 is working just fine as resistance , keep tight boys and girls moon or rekt city mission could be sooner max 8 h
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so as in my comment we are currently breaking out a close above 8650 is long zone and confirms the breakout as posted
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hold tight , change of position a close above 8676 will be long as 200ema is at this zone as soon as we pass it buy in long