#BTCanalysis
Key resistance level reclaimed on intraday basis with 12h close through 58715 is bullish itself, while still trapped in low-momentum movement 43-62k. That’s the reason for me NOT getting too excited about this move just yet. Low-momentum movement by definition is little to no directional so you find it full of traps, liquidity hunts and fakeouts. I personally choose to distrust this as I prefer to keep it safe than sorry.
Local supports at 53.8k, 50.5-51k, 48361. Resistances are as follows: 63.2k, 66.2k, 70890, 78507.
As always, find more details in #video-report channel and my yesterday’s premium webinar.
@wazirx_trader
Key resistance level reclaimed on intraday basis with 12h close through 58715 is bullish itself, while still trapped in low-momentum movement 43-62k. That’s the reason for me NOT getting too excited about this move just yet. Low-momentum movement by definition is little to no directional so you find it full of traps, liquidity hunts and fakeouts. I personally choose to distrust this as I prefer to keep it safe than sorry.
Local supports at 53.8k, 50.5-51k, 48361. Resistances are as follows: 63.2k, 66.2k, 70890, 78507.
As always, find more details in #video-report channel and my yesterday’s premium webinar.
@wazirx_trader