BTC is showing the local downtrend moving as we have posted in the previous scenario.
We can see at least 8 efforts to break through H1 trendline and 1 good effort, that was also ended above 41000.
The idea is that right now BTC meets a strong resistance of both trendlines.
It can be another good time to retest the support levels of 31000 – 29000.
May be it is time for a good deal with Scalper Season again?
We can see at least 8 efforts to break through H1 trendline and 1 good effort, that was also ended above 41000.
The idea is that right now BTC meets a strong resistance of both trendlines.
It can be another good time to retest the support levels of 31000 – 29000.
May be it is time for a good deal with Scalper Season again?
Trade active:
We still think that it was a false breakdown and BTC looks good for short.
Trade active:
Head and shoulders appeared! Are you ready to roll?