Buy the bitcoin after the pullback on the support area

BTC is finding some resistance and needs to pullback a bit on the 10530 area before trying to reach higher levels given by flat sections of SSB/Kijun. It is too late to buy now. The trendline could provide some boost for a new bullish leg. The MACDZ is still slightly bullish but it clearly shows it's running out of steam. The main target is 13250 which is a long flat section of Kijun where the market made a halt in the past.

So plan is:

• Wait for pullback
  
• Buy on a reversal pattern (bullish engulfing for example)
  
• Move the SL to BE when we reach the first significant resistance (11626, flat portion of the SSB)
  

Ordre annulé:

Cancelled because there was no reversal on the expected levels.