BITCOIN - NEVER long without penetrating the resistance!

BITCOIN now stands in front of a very important resistance level that bounced the price back sharply.

I can NOT suggest holding you bull position without penetrating the resistance level with a GOOD entry point that have a clear support level below it.


To be updated...

Comment:

initially, the current momentum of this correction suggests that the market will penetrate the resistance level, but lets wait for some time.

Comment:

Still flat correction

Comment:

Be prepared, we will try to catch the end of this correction the following hours and see if the market will hit a new high or it lost its momentum.

Comment:

If the market penetrated the resistance level, we will long even if the market go back and forth around this resistance level.

Penetrating literally mean the correction is over. and our stop-loss would be just below the support level

Comment:

We still on it