BTC taking no trades but sitting with long bias

my bias for BTC currently is to stay long and under the impression that a move back up to $58,000 - $60,000 soon is likely. Reasons why:
- We are still printing higher/lower highs in an uptrend.
- Using the trend line shown as support, bar a fake out in March we've rejected this trend 3 separate times since then on the higher time frames.
- Price is flirting with the both my favourite fib levels in tapping the 0.786 fib and buyers driving price back up to close on the 0.618 fib.
- We are printing one of the most in my opinion the most powerful candle stick patterns for a reversal in the market, being the three pin formation.

I'm therefore long until we break the the the trend and the fib levels with a significant close below.


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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.

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Have a great day, be patient & profitable!