New highs continuously, don't guess the top, a pullback is just a taxiing to pick someone up!
Bitcoin surged to another new high of 93900 last night, unfortunately, this new high is not very strong, indicating a problem: the current rise is a bit weak. With the market behaving this way, there's no need to say much! Just one word, more; two words, low more; three words, pullback more.
Currently, the four-hour upward wave of Bitcoin has not yet finished. This morning it just retested the four-hour support at 91330 before rising again. As long as the one-hour level closes without falling below 92200 again, the smaller level will restart the upward trend. The support levels to watch below are 91500-90485-89720.
BTC trading advice:
Buy at 91400, add positions at 90800, with a stop loss of 500 points, target 94400.
Altcoin trading advice:
Buy at 3070, add positions at 3030, with a stop loss of 30 points, target 3180.
