BTC is trying hardly to move over 20300-20500, but buy volume is not there and is getting rejected by resistance and upper board of ascending channel, so whats next move ? I have no idea , but looking at the chart i see a possible move down to 19700-20000 to the lower boarder of the channel where a bounce should happened ; RSI is mix ; 15 M is coming out of overbought curving down, 30 M is curving up going to overbought area and 1 H and 4 H are overbought so difficult to read, in any case a pullback is possible as BTC has been rejected and eventually i would buy a bounce from support channel boarder line around 19800-20000, if the channel will break down trade is invalidated and probably BTC is going to 19500 , if breaks up 20200-20500 clearly the trade is invalidated and will wait next pullback to buy.
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1
IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA
MY TRADING RESULTS # 21 TRADE PROFIT IN THE ROW 86% WIN IN SEPTEMBER 37 WIN, 3 BE, 3 LOST CHECK ON MY TRADINGVIEW ACCOUNT
Trade active
small 10% long position with tight stop opened
Comment
add another 10% to a 20% long
Trade closed manually
trade cloed tiny profit, dinner time and 23 trade profit in the row
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