pnaik732

Waiting for confirmation

BITSTAMP:BTCUSD   Bitcoin
Plenty of aggressive entries (if you took them, congrats), but a lot of repair work to do and still waiting for confirmation.

For the time being though, shorts are on the wrong side of the trade.

Look for consolidation; if this keeps going there should be decent resistance under 44k

Long after a clean break of 44k resistance (if it is quick), or a successful retest of the major trendline ~40.5k

Failure of major trendline would be negative

not financial advice
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