Looking at the technical analysis of BTC/USD, I Came up with two ideas about the whole current situation, a few months ago,I analyzed
this crash we are currently in, and the link is here :
https://www.tradingview.com/chart/BTCUSD/Zgau5iSb-I-still-think-BTC-still-has-more-bears/Zgau5iSb
and on the analysis the idea was that it was going to dip up to 14K area, that idea is in action, but I see a new potential support area at 29K which can make it hard for BTC to break below:
Here's what I will be looking at when it gets to 29K :
If any of this show up, I am buying more at the lowest point, adding also some altcoins, anyone who sees this, I wish you all the best
if you decide to take this, but this is not financial advice.
this crash we are currently in, and the link is here :
https://www.tradingview.com/chart/BTCUSD/Zgau5iSb-I-still-think-BTC-still-has-more-bears/Zgau5iSb
and on the analysis the idea was that it was going to dip up to 14K area, that idea is in action, but I see a new potential support area at 29K which can make it hard for BTC to break below:
Here's what I will be looking at when it gets to 29K :
- A return candle/ Reversal candle
- It failing to break below
- Forming a strong support
- Decreased momentum
If any of this show up, I am buying more at the lowest point, adding also some altcoins, anyone who sees this, I wish you all the best
if you decide to take this, but this is not financial advice.
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.