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RE: Bitcoin Trend Series / EP. 655 / Keep An Eye On IH&S
I am still waiting to re-enter but i start to doubt that this 5.8K resistance will ever be broken, difficult decision...
Thanks for your daily update, a bit boring times but much appreciated.
You are right, it is difficult decision as 4H show bullish action ( recovery ), weekly stand the same to show the new potential low around 4.3K!
So most likely the price will go up towards 7.150K before any new attempt to decline, the reason why I placed SL at 6.039K as breaking this level will move the price below 5.780K conform the weekly chart that might lead to the new low on Oct 2018..
Let us wait and see..
The above trade is risky..
Thanks for continued support..
its true..we doubt it until it happens! ha ha lool..
who knows but the resistance is equal in both ways,. and right now its hard to see anything except a nice dip push it back up..
What about testing 7.150 K followed by a decline !!