Bitcoin sitting at 10k is a good sign. However if you didn't buy at the low of 9k, right now is not a good time. We are looking for a break above and a retest of the red down trend line. This would be a good time to buy, as it would indicate a chance to break out of the 12.5k resistance. Stop losses should be put below 9.8k as of now, and below the red downtrend line if bitcoin were to break above.
Commentaire:
Broke red downtrend line. Looking to see if it'll break above the green neckline. If so, 12.5k is a major resistance. A break above that may confirm bullish movement.