The USD remains “strong” still, the BTC/USD has broken the support trend line. My bias is down, though price action can be a pain in the ass.
Sell: 347 Stop-loss: 365 Take Profit: 340; 320; 310
Buy: 365 SL: 350 TP: 379; 395
The USD remains “strong” still, the BTC/USD has broken the support trend line. My bias is down, though price action can be a pain in the ass.
Sell: 347 Stop-loss: 365 Take Profit: 340; 320; 310
Buy: 365 SL: 350 TP: 379; 395
The market has been standstill for the past few weeks and during the last days got even more choppy. That means it’s reasonable to expect larger move finally. If the price had wanted to rebounce of the rising trendline it would have done so. My bias is for selling right now.
Sell: 371 Stop-loss: 384 Take Profit: 361; 351; 345
Buy: 387 SL: 371 TP: 395; 410; 450
Buy: 374.20 Stop-loss: 366 Profit Take: 410; 450; 474
Sell: 352 SL: 366 Profit Take: 342; 325
I’m not persuaded much by a sustainability of this buy signal and would rather wait for the sell, but… Trade what you see, not what you think:)
Buy: 396 Stop-loss: 368 Take Profit: 415; 430; 440
Sell: 368 SL: 400 TP: 358; 344
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