After a strong fall, uncertainty reigns in the market. Players do not want to sell or buy.
At 4 o'clock, a channel has formed, in which the price moves. And here the logical idea is to break the range.
www. Long on breakout of the $31.5k level with a target of $33k. Short breakout of the $28.5k level with a target of $27k.In both options, the stop can be placed quite close, about $300-500 from the entry point.
You can find more news about cryptocurrencies in our RBC-Crypto TELEGRAM channel.