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Huston we have a problem

fbxiii(25)
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#bitcoin
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7y

 Seemed that btc usd returned back above the neckline of the small H&S pattern (it's no more relevant so I did not draw it on chart) and everything is all right but then I drew a new chart and saw that we still have a resistance to overcome. 

 Bitcoin is trading close to the trend resistances one is ascending and the other is descending which could form a powerful barrier for further upmove for the moment. Things are still difficult. The decision to sell is very dangerous due to the impulse structure up still in play. I suppose that we'll see another low to low move updating the local low on 3780-3850 levels where we would able to buy with 4200 tp again.If we break immediately the X-mark formed by two trends it will open the road to 4200 and we could buy with reduced volumes adding more after the 4200 break. We'll see. Don't hurry still) 

Huston we have a problem | Ecency