Bitcoin currently fighting against main resistance in weekly chart, I'm not looking to buy at this point, but a possible pullback and retracement, before we try to smash that level again.
The best scenario for me is a retest of the grey area where I will be looking to long, take those lows resting there, respect 46.6k area not closing below, and move back up. That's where I'll be looking to open my positions for at least a push to the resistance again, and a possible break with those objectives in mind.
4H CANDLES
1D CANDLES
Good luck!
The best scenario for me is a retest of the grey area where I will be looking to long, take those lows resting there, respect 46.6k area not closing below, and move back up. That's where I'll be looking to open my positions for at least a push to the resistance again, and a possible break with those objectives in mind.
4H CANDLES
1D CANDLES
Good luck!
