Hey all,
Just wanted to share my weekend thoughts....
In a nutshell, I'm bullish for the upcoming week!
We had a lot of FUD last week and BTC´s price was clearly affected buy it. The smart money took their profit and we had a nice healthy (small) correction.
The smart money will start buying again.
Bitcoin normally doesn´t like to produce more than 3 red daily candles in a row and as you can see in this chart there are 4 before the last green one!
I believe $4K is our next stop and possible resistance. If we can break through the $4K mark, and hold then we could be in for a chance to finally properly smash the $5K price tag.
To play it safe wait for confirmation of a break in the descending trend line/triangle.
FUD & FOMO are like any chart, up and down. Next week I´m bullish on FOMO ;-)
I hope this simple chart helps.
Keep eyes on the $4K zone and get ready for I´m sure another fun week in crypto!
Safe trading to all.
Just wanted to share my weekend thoughts....
In a nutshell, I'm bullish for the upcoming week!
We had a lot of FUD last week and BTC´s price was clearly affected buy it. The smart money took their profit and we had a nice healthy (small) correction.
The smart money will start buying again.
Bitcoin normally doesn´t like to produce more than 3 red daily candles in a row and as you can see in this chart there are 4 before the last green one!
I believe $4K is our next stop and possible resistance. If we can break through the $4K mark, and hold then we could be in for a chance to finally properly smash the $5K price tag.
To play it safe wait for confirmation of a break in the descending trend line/triangle.
FUD & FOMO are like any chart, up and down. Next week I´m bullish on FOMO ;-)
I hope this simple chart helps.
Keep eyes on the $4K zone and get ready for I´m sure another fun week in crypto!
Safe trading to all.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
