Bitcoin Update by Sameer Abbas đ
$BTC is in range, So now should we open long or short position?
Why BITCOIN in range ?
The main reason is the Forex market because the market is closed on Saturday and Sunday, so today and tomorrow the volume will be low in Bitcoin and according to my analysis, Bitcoin will range till tomorrow but the range will breakout on Monday.
Long or Short in BITCOIN?
Now I am waiting for range breakout, Whether it Break down or up, if there is a down breakout then we will take a sell trade and if there is an up breakout then we will buy.
But we will see a valid breakout because it is also possible that they may break to trap us and then come back.
How to see a Valid Breakout:
For valid breakout must we required volume, because volume never lie, remember this we will se low volume breakout whether it's up or down and 2nd confirmation that we will se on range breakout is Momentum candleđ
I hope you will get some value, so you can follow me for moređč
Thank you,
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