This picture is as clear as it gets. Daily resistance/support flip above 47k, consolidation and continuation of a trend. Most likely will be breaking 55k and then ATH in the couple of months on huge volume.
Trade closed: stop reached:
First daily close below 47k isn't looking fantastic. Be careful
Comment:
BTC 2D is still very bullish, but it's range is so tight and 44k zone is very important that sitting out for some time looks reasonable. I'm still bullish for this market mid-long term.
Trade active:
Back above 48k, looks like this was a shakeout. Trade and idea still active. 47k support zone is still important. Good luck everyone.
Comment:
yeah whatever no more updates on this cancer price action. watch 47k and daily closes that's all I can add here
Trade active:
after a very deep correction in September and a retest of a July accumulation range high trend continues with a very strong new impulse