Hey everyone, hope you've all been trading better than I have!
I've been getting taken to the cleaners on this one lately. Not so much losing money, just letting profits disappear via poorly timed exits and following up with poorly timed FOMO re-entries - bad trading at it's finest :)
Major sell off yesterday, but in typical BItcon fashion, pair found a solid bid around 5100 and the rebound was just as quick:
Pair is currently trading below major resistance in the 5750-5920 zone, with a break higher targeting the psychologically significant 6000 handle. Initial support is the broken channel top at 5515 and counting. A break back inside the channel would shift focus lower.
I'm currently flat after taking small profits on a late entry, hoping for some more temporary weakness before the weekend so I can position myself for the next leg higher.
Team Aus footer by the amazing @bearone
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