It appears that we briefly touched the upward trend and resumed up, appearing as we are attempting to confirm our new support level and ready to resume up. It is also possible this new support level is not yet ready to confirm and we head back down into the upward channel to confirm later this week.
It definitely appears that we are ready to set new ATHs this week. Time will tell!
Note
NOPE!
Not this time. We will need an even stronger push through resistance next time. I bought additional BTC at 56k after a confirmation of the overnight low. Looking to buy some additional positions further down if we go there.
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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.