✴️ BTC Update
What's new since the last update? We approached $10 near our short entry point, before dropping to 6800, which would have been a great TP point. This trade is no longer valid, guys, next!
Bitcoin's technical situation is positive on the 1h and 4h time horizons and the daily horizon is starting to show signs of bullish curvature.
📈 Trend follower?
Negative on our 3 main analysis horizons.
👉 What to do?
For the moment we'll keep it simple, if the 6950 breaks, we go long on pullback to target the resistance zone at 7120, which will be used to take our profits and switch to short.
In the meantime, no bullshit with your leverage guys!
Enjoy our analysis!
Your 4C-Trading Team 💚
What's new since the last update? We approached $10 near our short entry point, before dropping to 6800, which would have been a great TP point. This trade is no longer valid, guys, next!
Bitcoin's technical situation is positive on the 1h and 4h time horizons and the daily horizon is starting to show signs of bullish curvature.
📈 Trend follower?
Negative on our 3 main analysis horizons.
👉 What to do?
For the moment we'll keep it simple, if the 6950 breaks, we go long on pullback to target the resistance zone at 7120, which will be used to take our profits and switch to short.
In the meantime, no bullshit with your leverage guys!
Enjoy our analysis!
Your 4C-Trading Team 💚