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BTC/USD: Bullish Breakout to 2-Month High Price
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. I wrote in my previous BTC/USD forecast on 16th April that either a short trade from another failure at $86,215 or even a long trade from a bullish bounce at $81,203 could be good trade entries. I expected the price to consolidate within this area until at least there was any more news about changes to the new US tariffs. This was ... (full story)
