Btc hast to choose.
Either it breakes the support trendline or it breaks the resistance trendline.
Both will result in a big move.
Lets Hope for the midterm future that it will break the resistance.
But anyway, what i will do:
1. Go Short if support is Broken and tested as Resistance
2. Go Long if resistance is broken and tested as support
Thats no advice for you and i am Not your financial advisor
Either it breakes the support trendline or it breaks the resistance trendline.
Both will result in a big move.
Lets Hope for the midterm future that it will break the resistance.
But anyway, what i will do:
1. Go Short if support is Broken and tested as Resistance
2. Go Long if resistance is broken and tested as support
Thats no advice for you and i am Not your financial advisor
Note
Support trendline broken! Watch out for confirmation of it being resistance!Possibility 2 in play!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.