Bart or not Bart, that's the question!!
🔸 BTC update
I was talking to you yesterday about the possibility of retesting the $9,000 if the weekly open breaks, it seems compromised. Bitcoin was indeed in a Bart Simpsons-like configuration but failed to hold above $8738.
The daily technical situation is still negative, just like on the 1h timeframe.
🔹Trend follower?
The Trend foolower remains positive on the daily and 4h horizon but is still negative on the 1h horizon.
🔹What to do?
Conservative buy on the 8300 to aim for a return to weekly open. For the risk-taker that you are, a short position could be opened in case of a retest of the weekly open.
I was talking to you yesterday about the possibility of retesting the $9,000 if the weekly open breaks, it seems compromised. Bitcoin was indeed in a Bart Simpsons-like configuration but failed to hold above $8738.
The daily technical situation is still negative, just like on the 1h timeframe.
🔹Trend follower?
The Trend foolower remains positive on the daily and 4h horizon but is still negative on the 1h horizon.
🔹What to do?
Conservative buy on the 8300 to aim for a return to weekly open. For the risk-taker that you are, a short position could be opened in case of a retest of the weekly open.
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