I my opinion BTC is about to go higher after what seemed to be a corrective move.
However, I don't trade crypto, this is just me looking at the charts and price action, every market has its behavior.
However, I don't trade crypto, this is just me looking at the charts and price action, every market has its behavior.
Nota
Nota
Bulls need to keep the momentum. Breaking below the white line would potentially open doors for more bears.Nota
I wouldn't buy BTCUSD at the moment... One support has been broken and this could bring more bears in the market.Nota
Bulls regaining control. Ultimately, as long as price is about the white line, bulls are in controlNota
Support forming...Nota
Breaking out...Nota
Weakness again. Seems like bulls are failing at their attempt to break higher...Nota
Breaking support levels...Nota
Dip bought...Nota
Dropping slowly...Nota
Exactly a month ago I mentioned that an important support level was broken and more bears would enter the market, BTC was trading at 70000, and now here we are.Nota
Support and resistance levels are so important, once any important level is broken, you should adapt to what the market is doing and not stick to your bias.I noticed an important support level being broken and I pointed it out right here. Hopefully some followed the analysis and made a profit from it.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.