As we can see since some weeks ago, the price as been respecting this area very well.
Before the market close on 22-05 we can see a breakout for the down side and a fake out right next. We can see that is a fake out because the price came down again.
And now is expected a nice retest and a clear confirmation for the sell oportunity.
A good Stop Loss with around...
Bitcoin Update
Spent most of yesterday buying dips from around 14050 and higher, looking to increase on a break of the neckline of what
has turned out to be an imaginary reverse head and shoulders - and again on the break above another imaginary flag
formation which was then sitting at 15500 with a stop at least 100 points below the line. So we blew 150 or so...