!!!Bitcoin may go for another trend test!!!
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Friends, a small updateBTC
Bitcoin again received a refusal from the 0.382 Fibonacci level on the daily chart at $27,400. There is a possibility that there is a strong seller in this zone who is still winning this fight with the bulls and does not allow it to reach $27,500-28,000.
While there are thoughts that this will not last long, perhaps we will see another test of the trend line, which I have rearranged a little (note the touch at $24,870), approximately the same test can show MM in order to gain even more short positions.
I continue to hold Long from $25,450 stop, I moved it to used, there are reasons for this that I wrote about earlier.
Friends, a small updateBTC
Bitcoin again received a refusal from the 0.382 Fibonacci level on the daily chart at $27,400. There is a possibility that there is a strong seller in this zone who is still winning this fight with the bulls and does not allow it to reach $27,500-28,000.
While there are thoughts that this will not last long, perhaps we will see another test of the trend line, which I have rearranged a little (note the touch at $24,870), approximately the same test can show MM in order to gain even more short positions.
I continue to hold Long from $25,450 stop, I moved it to used, there are reasons for this that I wrote about earlier.
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