BTC Update! Entering resistance zone!
Well here we go. About 2 weeks ago I outlined my resistance zone for BTC chart being up at this $6000-6850 zone. We have finally reached it and let the games begin.
Shorts continue to climb up slowly. BTC climbing up. Something will have to give in my opinion. I anticipate a lengthy battle in this range personally but thus far the bulls are proving to be serious. EMAs continue to hold as support and will personally be watching mostly from sidelines on this move. I did get stopped out of my positions for LTC and NEO yesterday so took a small loss there. I will be traveling next week so unlikely to be taking much positions at all and personally hope this battle in the $6,000s remains for the next 1-2 weeks at minimum. Likely away from charts for a while unless some crazy news or volatility so happy trading everyone! Happy to see BTC finally get to 6k and lets see which side wins out here.
Just My 2 Sats!
Shorts continue to climb up slowly. BTC climbing up. Something will have to give in my opinion. I anticipate a lengthy battle in this range personally but thus far the bulls are proving to be serious. EMAs continue to hold as support and will personally be watching mostly from sidelines on this move. I did get stopped out of my positions for LTC and NEO yesterday so took a small loss there. I will be traveling next week so unlikely to be taking much positions at all and personally hope this battle in the $6,000s remains for the next 1-2 weeks at minimum. Likely away from charts for a while unless some crazy news or volatility so happy trading everyone! Happy to see BTC finally get to 6k and lets see which side wins out here.
Just My 2 Sats!
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