Binance

BTC has been consolidating on the higher timeframe with price ranging between 53086 and 50520 all in the attempt to pullback.. Even though price touched the current swing structure’s 50% fib level by the wick which is not technically convincing, On might be damned to think the now is a good time to secure profitable positions for Longs (not for holders and investors) because price is likely going to tap into that POI and head to the downside. Monitor the price action and secure your positions for shorts. Remember that a good information makes ur day and once good analysis can make u “happy”☺️. Thank me later. #TechnicalAnalysis #BTC #DYOR