At last, after 3 months in accumulation, BTC broke the resistance at $45k.
In 4H LTF, volume follow the price with a break above the MA.
As for the 1D MTF, I am bit ‘worried’. Volume is relatively low.
Price action will confirm or not the breakout. We will see, in the next hours or days.
If $45k level will be tested as support, price may return for a short period of time (days) in the previous range. Don’t panic, it’s normal.
Not financial advice. Investing is a probability game. Always do your own research.
In 4H LTF, volume follow the price with a break above the MA.
As for the 1D MTF, I am bit ‘worried’. Volume is relatively low.
Price action will confirm or not the breakout. We will see, in the next hours or days.
If $45k level will be tested as support, price may return for a short period of time (days) in the previous range. Don’t panic, it’s normal.
Not financial advice. Investing is a probability game. Always do your own research.
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Check the update below.
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