BTCUSD has entered the sell zone of the long term bear trend and approaches the final resistance @10500.
Be ready to long or short depending on whether the pair breaches the 10500 resistance or retraces back to the 9000 level in the coming weeks. A lot of bears will be shorting here with a tight SL very right above the 10500 resistance. Right now it is the time for patience, let the big whales decide and then join them.
Be ready to long or short depending on whether the pair breaches the 10500 resistance or retraces back to the 9000 level in the coming weeks. A lot of bears will be shorting here with a tight SL very right above the 10500 resistance. Right now it is the time for patience, let the big whales decide and then join them.