Whats going on with BTCUSD

15 Nis

BTCUSD lets be "Neutral" for a second and look at whats going on in the 10H chart. There has been 2 breakout attempts, one almost made it with a resistance turned support retest and bounce near 69k but then failed miserably.

On the bearish side we had, 4 bounce off the support BUT it seem that its possible the 5th time will be the charm.

The trading range is ... BUY @ 67k, Stop @ 61k, Target: 76k

SELL @ 61k, stop is 67k, Target is 50k

Hope this helps everyone

17 Nis

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