BTC has shown bearish pennants after yesterday broke the bottom of the previous pennant pattern and the came to previous support area 18,200 - 18,500, but we dont suggest open large long position at here again, here is a upward trend line in 4hr time frame and now is around 17,850. and also where the 30ma of the 1 day frame. this is a safer place to enter long.
Tips: open small long position around 18,500 - 18,200 and 17850.
If you are interested about ProEX, you can find us here: