You shall not pass! (For now)
🔸BTC Update
Bitcoin ended the previous session just below the 9000 level, before testing the 9200 area in the current session. For the moment, we can see a rejection under the resistance zone materialized by the red rectangle.
The daily technical situation has returned to positive but the indicators are close to their overbought zones. On the shorter timeframes, they are about to give a sell signal.
🔹Trend follower?
The trend follower remains positive on the daily, 4h and 1h horizons.
🔹What can I do about it?
If you have been in a position since the 8300s, take part of your profits with a positive stop on the balance of the position.
Stay safe in your trading guys!
Bitcoin ended the previous session just below the 9000 level, before testing the 9200 area in the current session. For the moment, we can see a rejection under the resistance zone materialized by the red rectangle.
The daily technical situation has returned to positive but the indicators are close to their overbought zones. On the shorter timeframes, they are about to give a sell signal.
🔹Trend follower?
The trend follower remains positive on the daily, 4h and 1h horizons.
🔹What can I do about it?
If you have been in a position since the 8300s, take part of your profits with a positive stop on the balance of the position.
Stay safe in your trading guys!
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