*BTC trapped us this evening. And that's good news. 👇*
We touched 77 505$ and got rejected right away.
Why didn't I buy?
1. Price went back UNDER the MA25 (77 895$)
2. Volume cut in half: 19K -> 9,2K. No strength.
3. RSI dropping back to 40.
A real breakout is with volume. This one was a fake.
My plan stays simple:
> Above 77 900$ with volume = I buy.
> Below 76 967$ = I wait for 75 100$.
No FOMO. We let the market come to us.
And you, would you have bought at 77 500$ ?
#BTC #Crypto #trading
We touched 77 505$ and got rejected right away.
Why didn't I buy?
1. Price went back UNDER the MA25 (77 895$)
2. Volume cut in half: 19K -> 9,2K. No strength.
3. RSI dropping back to 40.
A real breakout is with volume. This one was a fake.
My plan stays simple:
> Above 77 900$ with volume = I buy.
> Below 76 967$ = I wait for 75 100$.
No FOMO. We let the market come to us.
And you, would you have bought at 77 500$ ?
#BTC #Crypto #trading
