BITMEX:XBTUSD This is my trade plan Green means Long Red means Short Black - Do nothing or will wait for confirmation before I react
GREEN ARROW MEANS UPWARD MOVE RED ARROW MEANS DOWNWARD MOVE (THIS IS NOT A TRADE RECOMMENDATION)
Bitcoin is attempting to break its upper trendline however there's a strong resistance that might prevent XBTUSD from moving up. Break that level and retrace for best entry possible
XBTUSD Uptrend is still valid if we create a new higher high and retrace Scenario 2 XBTUSD will create a lower high and lower low
If we break the upper trendline wait for confirmation or retracement If trendline act as resistance short and buy back on green (Buying Area)
Not yet sure but looks like it's forming - i-H&S