If you currently didn’t take any position in btc than you are doing it good! Btc is trading sideways and is at resistance! The 50 ema is acting as resistance and we are at the rising trendline , or at the horizontal trendline depending how you see it! Anyway it seems for me that price is in a rising wedge pattern which is bearish… If we want to continue the uptrend we need to set a higher low above 5685 and a higher high above 7100.
It’s a good idea to wait for a clear break! There is currently not much volume in btc, we should wait for this aswell
It’s a good idea to wait for a clear break! There is currently not much volume in btc, we should wait for this aswell