Trend Continuation on BTC, opportunities to go long have arisen.
155
Be careful, be smart and weigh up the risk to reward.
Note
I think we may be seeing a new level of resistance occurring, I will update the chart when I have more evidence to suggest this.
Note
My analysis seems to be looking more accurate, BTC does not normally move in such a manner as it currently has been on the 1-2H chart. The level of resistance seems to have slightly raised; we're also seeing the price stay around the same but with a slight increase by average. The pumps and dumps in my mind are just ways of liquidating small-time traders from their BTC trades. BTC has also risen out of the previous channel which is stayed in for a long time. Big things are coming!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.