BTC –
Technical Observation
Recently, BTC attempted a rise above $9,655.61 but could not go any higher. The line $9,655.61 is a key daily resistance line and unless it is clearly breached to the upper side with a big green candle, I’m patiently waiting for a sell position around this line, however, should the price break above it, then I’ll wait for a retracement to the same place to buy BTC with my take profit being $11,535.51, and the next at $16,820.75. This upward rally will highly be encouraged in case the price goes above the 152 Simple Moving Average.
Trade Signal
Only buy a break above $9,655.61 towards $11,535.51.
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