Kryptochristian

#BTCUPDATE - 28.7.21 BULLISH MOMENTUM CONTINUES

BINANCE:BTCUSDT   Bitcoin / TetherUS


Following yesterdays bullish patch perfectly so far. Expecting a formation of a bullish ascending triangle as per the 15MIN chart. I feel we will break $40k possibly today or tomorrow. Although as previously stated I am more focused on the $41.3k resistance which is where I think a big retracement will come due to alot of technical indicators suggesting reversal as well as being a very key resistance. Imo opinion it is the perfect set up for a stop loss hunting scenario.

My play is stay long till $40k again with a stretch to $41k then can be a turbo trader and set a short from $41k to $40k and then $39k with a tight stop-loss incase BTC does smash through $41k.

All looking good atm - little volume going into alts rn as its all about btc although that will change the moment BTC starts any kind of consolidation phase.
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