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Analysis up on #BITCOIN
Hello friends.
If you checked my last analysis on bitcoin I mentioned if the price failed to stay above 50K we could see a sharp drop to the downside and indeed this what happens. The link to the previous idea is below this one.
Now what: looking at the monthly candle I see a very ugly bearish candle and I am hoping the market will not close the month this way, because if it will, we better bag our things.
Almost 500 billion disappeared from the market it is not a small amount, will it come back again? let's see.
there is a ton of investing opportunity right now in the market, but I am hesitant to deploy more money right now unless I see some bullishness on the daily chart, like bitcoin closing today above 52K.
If bitcoin failed to close above 51000-52000 the market might fall to test the support level near 44000, but I hope it will not go this far
Safe trading everyone
Check today analysis below⠀
>> "The goal of a successful trader is to make the best trades. Money is secondary"
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis up on #BITCOIN
Hello friends.
If you checked my last analysis on bitcoin I mentioned if the price failed to stay above 50K we could see a sharp drop to the downside and indeed this what happens. The link to the previous idea is below this one.
Now what: looking at the monthly candle I see a very ugly bearish candle and I am hoping the market will not close the month this way, because if it will, we better bag our things.
Almost 500 billion disappeared from the market it is not a small amount, will it come back again? let's see.
there is a ton of investing opportunity right now in the market, but I am hesitant to deploy more money right now unless I see some bullishness on the daily chart, like bitcoin closing today above 52K.
If bitcoin failed to close above 51000-52000 the market might fall to test the support level near 44000, but I hope it will not go this far
Safe trading everyone
Check today analysis below⠀
>> "The goal of a successful trader is to make the best trades. Money is secondary"
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Nota
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.