Hi Traders
BTC/USD is performing again on its high level since the last 10 January high, with current price standing at $3,883.36.
Trading range illustration from 27 December up to present on a daily timeframe presents three false breakout. There is a possible risk range within the trading range and another potential false breakout.
It is strongly recommended to new buyers to wait for the confirmation candle to form a new entry point and executing a new support level.
Cheers,
BTC/USD is performing again on its high level since the last 10 January high, with current price standing at $3,883.36.
Trading range illustration from 27 December up to present on a daily timeframe presents three false breakout. There is a possible risk range within the trading range and another potential false breakout.
It is strongly recommended to new buyers to wait for the confirmation candle to form a new entry point and executing a new support level.
Cheers,