Bitcoin, No need to be afraid!
Updated
As we have seen in previous examples, everytime we had these green & yellow mountains on mr momentum, price has moved up, exactly the same with pink & red mountains.
Having said this, Im expecting a retest of the 63.5k area. Buy the dip ! Notice how we are also developing bullish divergences on some indicators (rsi,macd) in lower tfs too.
Invalidation: Making a lower low(below 57.5k), that would be a pretty bearish signal. and I would start looking for shorts a pullback.
Remember, always trade at your own risk!
Having said this, Im expecting a retest of the 63.5k area. Buy the dip ! Notice how we are also developing bullish divergences on some indicators (rsi,macd) in lower tfs too.
Invalidation: Making a lower low(below 57.5k), that would be a pretty bearish signal. and I would start looking for shorts a pullback.
Remember, always trade at your own risk!
Note
Move up failed(SL reached), but entered a long in 55322. Printing yellow & green mountains on the daily tf!
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