#BTC I drew you a
break-even level and some
technical analysis.
There are two levels of resistance - the
first one is drawn along the
shadows (red),
circled its bases with circles from
above, and the second is the
supports parallel, also shown it, with arrows.
In general, until they are not broken, I wouldn't open new
longs! I see a compression to the
resistance, but this is not yet a
breakout.
The market is bearish, and shorts are always a
priority in such a situation! But I
decided I would try to do
long.
The price is above the average entry (BE), i.e., in profit, so buying at
$15,600 was the right decision.
Given the relatively long
flat, I now focus on
$18k - $19k.
https://twitter.com/Temple_Crypto/status/1596460188881805313
