BTCUSD Unnatural Dump is Matched by Natural Pump!?
After the epic 6% dump and pump, yup dump and pump that brought coinbase to its knees for a moment, we are now followed by the actual natural breakout to the upside. We now looking healthy to either slowly descend again or break the sloping resistance towards the next horizontal resistance.
Targets:
-On the upside, 10200, 11100 and 12000
-On the downside, 9300, 9000 and 8500
My take:
We are still looking bearish unless you comfortable trading a squeezed pattern then we could break the sloping resistance and re-test no higher than 9800.
As always, trade Safely, Happy Trading.
A word of ADVICE: This is not Financial ADVICE :)
Targets:
-On the upside, 10200, 11100 and 12000
-On the downside, 9300, 9000 and 8500
My take:
We are still looking bearish unless you comfortable trading a squeezed pattern then we could break the sloping resistance and re-test no higher than 9800.
As always, trade Safely, Happy Trading.
A word of ADVICE: This is not Financial ADVICE :)
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