Although the 36500 mark has been breached, price has refused to close above this level for almost 12 hours now, therefore I'm keeping my shorts and adding additional smaller positions. Looking at the H4 chart, the previous candles have all broken through the resistance level, but none have managed to close above it.
So, I'm still holding Shorts and sticking to my earlier Bitcoin stance - as long as prices stay below 36500; Bearish we remain...
Current Market price is 36,280
For free trading content & Signals,
Kindly support with your donations via Tradingview coins.
Please also like, subscribe and share ideas and charts with the community!
Thanks and happy trading!