At the back of this current hourly uptrend was a clear downtrend on BTCUSD.
Price eventually created a structural shift at $32,400, switching sides from bearish to bullish.
Now, clear higher highs and higher lows are forming. We can now see price reacting to and rejecting a clear structure.
Price could most likely continue this trend to the psychological level of $35,000. Trade with the trend. Trade safe.
Price eventually created a structural shift at $32,400, switching sides from bearish to bullish.
Now, clear higher highs and higher lows are forming. We can now see price reacting to and rejecting a clear structure.
Price could most likely continue this trend to the psychological level of $35,000. Trade with the trend. Trade safe.
