BTC Breakout $45k
Updated
At last, after 3 months in accumulation, BTC broke the resistance at 45k.
In 4H LTF, volume follow the price with a break above the MA.
As for the 1D MTF, I am bit ‘worried’. Volume is relatively low.
Price action will confirm or not the breakout. We will see, in the next hours or days.
If 45k level will be tested as support, price may return for a short period of time (days) in the previous range. Don’t panic, it’s normal.
Not financial advice. Investing is a probability game. Always do your own research.
In 4H LTF, volume follow the price with a break above the MA.
As for the 1D MTF, I am bit ‘worried’. Volume is relatively low.
Price action will confirm or not the breakout. We will see, in the next hours or days.
If 45k level will be tested as support, price may return for a short period of time (days) in the previous range. Don’t panic, it’s normal.
Not financial advice. Investing is a probability game. Always do your own research.
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Check the update below.
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One more update:
Trade closed: target reached
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