Bitcoin's PA is full of shit. That's why one should look at ETHUSD, the number 2, to get a feeling of a cleaner PA. I openend a long after the breakout last week. Now, ETH appears to hit a months old non-horizontal resistance... Breaking it would be huge, but facing the macro-economic environment I'd be very careful betting here. The reasonable thing to do is to keep an eye for a signal and IF SUCH SIGNAL APPEAR to close your long or open a short
Note
Told ya.Note
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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.