Friends I hope you are feeling kind and generous today to give the idea the likes and comments it deserves.
Analysis on #BTCUSD
Failing to hold 50000 is significant, and now the market broke its trendline support sends a signal to traders the market is weak which might encourage sellers.
I think there is a chance we will test 44000, I wish not, because if we did test this level we will have the possibility of a head and shoulders pattern which I don't want o see.
I am always in the crypto market but also always have spare cash to deploy when needed, if the market comes ad tests 44k I will deploy some cash for a quick buy targeting the next level of resistance
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
Analysis on #BTCUSD
Failing to hold 50000 is significant, and now the market broke its trendline support sends a signal to traders the market is weak which might encourage sellers.
I think there is a chance we will test 44000, I wish not, because if we did test this level we will have the possibility of a head and shoulders pattern which I don't want o see.
I am always in the crypto market but also always have spare cash to deploy when needed, if the market comes ad tests 44k I will deploy some cash for a quick buy targeting the next level of resistance
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
