Aw well, let us see how it plays out. I am on BTC at the moment... Let us wait and see what tomorrows daily candle does.
I am still short and will re-visit tomorrow. If we continue this downtrend, 10.9k - 11k are our next support zones. I have buy/long zones approx 10k and less (depicted by the blue and green zones). Indicators still bearish. We will see what tomorrow holds.
Indicators still bearish, yesterdays candle turned out nice and green however, todays is redder and thicker.
KST is an amazing indicator to use. It is clear that there is not enough buying power. AT the time of this comment, the daily candle has bounced off the 50EMA indicating support area. There is approx. 9 hours left until this daily candle closes. I will revisit then.
I currently have no position opened. BTC is starting to look bullish, the KST looks like it is about to flatten out. Fisher also bounced 2 days ago.
After seeing peter thiel purchasing millions worth of bitcoin, we may start seeing buyer confidence returning to the BTC market.
As of now, I have no positions opened. I will be selling alts back into BTC for the ride.