Taking into consideration, that Bitcoin is undecided where to go and receiving many different signals that are equal for bears and bulls, I am not trading right now. This is another "Pause" that will likely lead to a bigger move, both sides have been rejected with a slight tendency upwards last night. As I said before, the H6-Diagonal could end this bull-move pre-maturely, so far it did not really do that, it simply accepted it as border resistance. Bitcoin has overcome a breakout-level here AND is holding for now above the WW-Diagonal and the Daily-Diagonal, which gives this situation a slightly better chance to break upwards, than down. Nothing that would justify a new position now, also keeping in mind for those who are still long, that a possible max-target of the former Adam and Eve has not been fulfilled yet.
We also have a minor symmetric triangle on 15m, that will likely lead the further direction for today very soon.
Targets & Supports remain.
______________________________
Warm regards,
Neru
We also have a minor symmetric triangle on 15m, that will likely lead the further direction for today very soon.
Targets & Supports remain.
______________________________
Warm regards,
Neru
