Price of the bitcoin today break the resistance inside big triangle and heading to another level of resistance at 11000.
Watch for MA crossover before taking decision about shorting (selling) bitcoin for mid term, we can safely talk about downtrend only after crossover (in red circle).
My suggested SL located below previous Lower Lows (LL) around 9800 level zone.
Stay safe and take profits from the market!
Watch for MA crossover before taking decision about shorting (selling) bitcoin for mid term, we can safely talk about downtrend only after crossover (in red circle).
My suggested SL located below previous Lower Lows (LL) around 9800 level zone.
Stay safe and take profits from the market!
Note
Moving averages are close to each other
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