BTCUSD - Fail to breakout, looking to retest lower trendline

28 בפבר׳ 2018

Bitcoin will get a second chance today or tomorrow to see if it can break above the upper trendline (magenta line). If it breaks below yesterday's low of 10,125 we should see a return to the support line at the lower trendline. Let's see what pans out, I'll be looking to short it IF it breaks below yesterday's low. I'll also be looking to go long if it breaks the upper trendline. Happy Trading.