Despite the very good indicators on foundation analysis on bitcoin we dont have positive sentiment on technical. I won't trade in the middle of the range, I will wait for the resistance and support price action to get a position.
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Played well so far, we are testing 53.3k levels for third time today which is not good sign. The other tests (18 and 20 april) was concluded with a nice bounce but today buying volume decrasing while price jumps a little from the support. So no bounce no party.
Remember the more she tests, the more easy she breaks. I won't be surprised to see a wicked candle. Prepare your longs at 47k.
Remember the more she tests, the more easy she breaks. I won't be surprised to see a wicked candle. Prepare your longs at 47k.