#HOOK Bouncing off of key trendline support. 1.5800 stil

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#HOOK Bouncing off of key trendline support. 1.5800 still stands as resistance, break and hold above that area can provide a nice trade plan in between its just a no trade zone for me. #KeepParticipating #KeepBuilding

#HOOK  
Bouncing off of key trendline support. 
1.5800 still stands as resistance, break and hold above that area can provide a nice trade plan in between its just a no trade zone for me. 
#KeepParticipating  #KeepBuilding  

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Bitcoin Update Beside holding $60k zone that i talked about in all of my BTC updates, The key area to break above is $65500-$67000 zone which is also a lower high on 4hr chart. Once price holds above it, This will likely a sign that "It's over for the bears "

102 blocks are remaining for BTC halving so it can be today or tomorrow depending on the mining speed.

BTC is still holding the price above $60k. Like i said before as long as the price is trading above $60k. There is no reason to call for Lower prices.

BTC halving tomorrow . What move you're expecting ?

One of the common mistake that most of the traders make is they pay so much attention to what's going on lower timeframe like 1hr or some even use 15 minutes chart and they flip-flop their bias on every Red or Green candle. One Red candle and bears start screaming for a dump and one green candle bulls start screaming for a pump. This is the kind of price action where people lose most of their hard earned money. They trade when it's not the right time to trade. What you should be doing instead ? The solution is simple, Pay attention to only what high timeframe is doing and use that biased for your lower timeframe setups. Have a look at the attached pictures. The first picture is chart boys trying to be look cool by calling a move up , down , up and down multiple times in a day/week. And the second picture is what HTF is actually doing. Literally nothing right? Instead of wasting time on these 1hr and 15 minute charts and change your BIAS multiple times in day. pay attention to the HTF only if the trend is bullish stick to it unless it's shift and if the trend is bearish, Be with it unless it shifts. Reduce the noise..! Keep Learning

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