Bitcoin did break out of the downward trend and rallied a little bit. Right now price is moving in a sideways range. There're two of ways to trade it:
a) Stand aside untill price starts trending again (breakout)
b) Trade within the range. (long or short as long as your stop is set outside of the box in case price starts trending again)
Keep it simple!
a) Stand aside untill price starts trending again (breakout)
b) Trade within the range. (long or short as long as your stop is set outside of the box in case price starts trending again)
Keep it simple!