btc still running in profits, still in the trade!

it has now found support in the previous resistance now support zone

trying it's best to break the minor resistance mentioned earlier in the day (the line)

three long wicks and still no break yet!!

if you're in the trade with me, set your SL to entry MINIMALLY

because if btc continuously fails to break the resistance, price will come back down

one very bullish thing to note,

although price could not close above the resistance line, it was not REJECTED.

it continued to test and test and that is bullish!!

#analysis

these are examples of REJECTION.

after failing to close above, immediately went back down

but that is not the current case so i'm sure we'll close above soon

ta-da!

and btc just closed above!

very relentless price action there

now the question is whether btc can hold this level above resistance

if we can hold this level well, i think we might see further move upwards to 36k in the coming hours

hey guys, i also have an instagram account as well if you'd like to follow!

i post my trades, some recap and some calls as well

ig @cryptomumbles !!

see yall there as well :-)

btc held well and the close above resistance led to another green candle above resistance

very similar to the price action this morning!

this is btc 1h tf

very possible Wyckoff accumulation happening, but still too early to say

if it really is a Wyckoff play, then the following is what would highly likely happen

#analysis

this is my last trade for the day, will be letting it run

took a total of 4 trades today!

4 trades 4 Ws :-)

don't look to keep trading just because you have no open trades

only trade when there is a good opportunity or entry

by trading too much, you're simply increasing your chances of losing (overtrading)

as long as you are profiting everyday, the number of trades don't matter

that's trade discipline and that's how to be consistently profitable :-)

to the top with you,
cheers!!

#tips

:-)

great way to end a trading day!

very similar to this morning's situation,

once btc closed above the resistance line, price pumped

right here if you missed it

now, can we close above the next resistance that btc failed to break?

if btc closes above this resistance line, we should see some quick move upwards

but following that there might be a move back DOWN into the range

then btc will simply be showing a SOS (sign of strength)

so becareful here

just a note,

i am overall bullish on btc as mentioned multiple times in the channel so far

however, i just don't feel this is the break out yet for btc

i still feel that btc is ranging as of now hence my warning message

with btc being able to close above 35600 is a very good sign as its a sign of strength that btc wants to breakout

but as of now i think it can't sustain just yet

as shared previously,

that little breakout there is my prediction of a SOS (sign of strength)