Bitcoin bounced back after that 25.8k wick with extremely low volume. Now that its back in Support/Resistance Block which is indecisive point but I see people looking for longs here. I think we must wait until we have direction confirmation (Either long or Short). Furthermore, we have CME gap formed yesterday between 26450-26775 which i think should be filled in a day or two. However, If bulls manage to close BTC above SR block around 27.7k, only there we should be looking for longs after a confirmed Bullish candle.
This is Earn&Learn channel. We are here to enjoy the ride while learning how to do it. Swing trading without pumps&dumps. Contact @theaudiemurphy for Enquiries. https://bit.ly/TheAudieMurphy...
