BTC is following big, trend line, and move above it, but there is much resistance, so will it go up or down? To be honest, I do not know, but, I will tell you the best "short" and "long" position for the moment.
Big "resistance" and "Short" position is around $4200, and for the big uptrend, I will go big "long position, around $3200, because of the big support line. We will see in 2 days in which direction will BTC go, my opinion, it will go to resistance, and then down, to around $3890, then we can expect "long" positions on BTC again, next big resistance level is on $5200.
Big "resistance" and "Short" position is around $4200, and for the big uptrend, I will go big "long position, around $3200, because of the big support line. We will see in 2 days in which direction will BTC go, my opinion, it will go to resistance, and then down, to around $3890, then we can expect "long" positions on BTC again, next big resistance level is on $5200.
Comment:
BTC broke the trend line, so it will probably go to test $3200, and then we can expect long again, until then, I will recommend "sorting" you position...
Comment:
As we can see, BTC is still going to 3200, and we will see if it holds!