BTC MONTHLY SUPPORT @ 38K - 39K
When doubt zoom out. Well..
Trade safe!
Invest wise!
Buy the pain.
And zoom out!
Each 'FINAL PUSH' we have seen in the past weeks gave us an avarage drop of 14,17%.
Bears are still pushing and a nice test of previous price range would be an excellent opportunity and healty for Bitcoin and my wallet :)
When we zoom out:
* we see some nice monthly candles below the current price at 32k and 33k.
When we zoom in a little bit:
* we see some nice weekly candles at 38k and 39k.
And when you are very very quiet:
* you can here them wispering, "please test us" "do it quick" "we bounce like Galactic Xtreme Gymnastic Rectangle Trampoline" and so on...
Ofcourse we could stay were we are and test the 42k area over and over and over again,.. but I don't think that will happen.
We go down an you will love it!
Each 'FINAL PUSH' we have seen in the past weeks gave us an avarage drop of 14,17%.
If we asume this is going to happen than this would be spot on! Weekly 38k -39k here we come.
Me, myself, I will buy some extra BTC in that area. To be honest. My orders are set and ready to be filled.
For traders it's a nice setup for the bigger swing. A wide Stop-loss would be needed because liquidity will be tested or when bad luck, frontrunned.
Summary:
For now I asume that there is a big chance that we reject 45239 LEVEL (also monthly)
Then we will break 42k.
Wick down to 39K maybe 38K.
And bounce back up to 42k.
And if we are lucky we could re-gain the previous 45k-56k range quickly and make a lot of profit.
Otherwise we could have a slow bleed and a nice accumulation phase. Neighter of them is bad. The truth is that we do have a down trend now, we did not see the botom yet, that final push will come and will liquidate a lot of traders and the patient ones will be rewarded.
Trade safe!
Invest wise!
Buy the pain.
And zoom out!
Cheers.
Trade safe!
Invest wise!
Buy the pain.
And zoom out!
Each 'FINAL PUSH' we have seen in the past weeks gave us an avarage drop of 14,17%.
Bears are still pushing and a nice test of previous price range would be an excellent opportunity and healty for Bitcoin and my wallet :)
When we zoom out:
* we see some nice monthly candles below the current price at 32k and 33k.
When we zoom in a little bit:
* we see some nice weekly candles at 38k and 39k.
And when you are very very quiet:
* you can here them wispering, "please test us" "do it quick" "we bounce like Galactic Xtreme Gymnastic Rectangle Trampoline" and so on...
Ofcourse we could stay were we are and test the 42k area over and over and over again,.. but I don't think that will happen.
We go down an you will love it!
Each 'FINAL PUSH' we have seen in the past weeks gave us an avarage drop of 14,17%.
If we asume this is going to happen than this would be spot on! Weekly 38k -39k here we come.
Me, myself, I will buy some extra BTC in that area. To be honest. My orders are set and ready to be filled.
For traders it's a nice setup for the bigger swing. A wide Stop-loss would be needed because liquidity will be tested or when bad luck, frontrunned.
Summary:
For now I asume that there is a big chance that we reject 45239 LEVEL (also monthly)
Then we will break 42k.
Wick down to 39K maybe 38K.
And bounce back up to 42k.
And if we are lucky we could re-gain the previous 45k-56k range quickly and make a lot of profit.
Otherwise we could have a slow bleed and a nice accumulation phase. Neighter of them is bad. The truth is that we do have a down trend now, we did not see the botom yet, that final push will come and will liquidate a lot of traders and the patient ones will be rewarded.
Trade safe!
Invest wise!
Buy the pain.
And zoom out!
Cheers.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。