Moment of truth - Long term resistance

13 Mar 2021

Looks like BTCUSD is meeting tough resistance on the re-test of the weekly upper Bollinger Band. Next move could be big, in either direction. See my previous post for further details (linked below).

13 Mar 2021

Not

Breakout attempt going on now, let's see how we close the week.

14 Mar 2021

Not

Basically trading right at the upper Bollinger Band going into Sunday evening. So looking for a pullback next. Not sure it will get all the way down to the 21-week moving average, but until BTCUSD starts pushing the Bollinger Band up, seems best to stay neutral.