BTC finally break the downtrend! Time to be bullish again?
BTC managed to break the confluence of daily resistance, long term trend line and 4h 200 EMA in one swoop due to a short squeeze( I was part of the shorts btw..... ).
Another good thing is that DXY got rejected from its daily resistance and is now on a downtrend.
However, do take note that S and P 500 and NASDAQ is still not looking very strong.
My plan now is to long strong altcoins that fit to my strategy for the weekend and I will reevaluate when the US market opens again.
Another good thing is that DXY got rejected from its daily resistance and is now on a downtrend.
However, do take note that S and P 500 and NASDAQ is still not looking very strong.
My plan now is to long strong altcoins that fit to my strategy for the weekend and I will reevaluate when the US market opens again.
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