Sitting Tight with Cryptocurrencies - Bitcoin Analysis
Contrary to my normal technical analysis, I've added common Moving Averages used by Hedge Funds on the Daily Chart. Price is clearly below all of them, with a strong break below the most recent Support Zone, which I've labeled "Current Resistance".
My previous analysis notated that Zone as a possible support level, which we have now clearly broken through. Therefore, I don't plan to add anymore crypto to my positions until we have reached the next Potential Support Zone, which I have labeled.
Crypto & Stocks are a waiting game right now, so don't panic or FOMO any positions. Take this time to get better at your analysis process & save money to invest, so you are ready when others are faked out. -@JilianToree
My previous analysis notated that Zone as a possible support level, which we have now clearly broken through. Therefore, I don't plan to add anymore crypto to my positions until we have reached the next Potential Support Zone, which I have labeled.
Crypto & Stocks are a waiting game right now, so don't panic or FOMO any positions. Take this time to get better at your analysis process & save money to invest, so you are ready when others are faked out. -@JilianToree
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.