✴️ BTC Update
What's been going on since the stream yesterday, not much, guys!
Bitcoin is still around 6800 after consolidating its rise in a short-term upward triangle pattern.
The low TF technical situation is rather positive as well as the daily outlook. On the 4h timeframe, the indicators show signs of bearish curves but without any crossover for the moment.
👉 What can be done?
Keep holding your positions guys, now we will wait for the break of the resistance zone formed by the ascending triangle and the horizontal level of the 6950 before reassessing the situation.
If this zone breaks and the BTC moves far enough away, we will enter again on retest of this zone.
💹 Altcoins
The market is neither bullish nor excessively bearish, there is a certain balance. This makes sense given the liquidity. Taking a profit on one alt causes it to fall and injecting profits into another alt triggers the rise.
Stay cautious my dear community, we are still in a particularly difficult market context.
Enjoy our analysis!
Your 4C-Trading Team 💚
What's been going on since the stream yesterday, not much, guys!
Bitcoin is still around 6800 after consolidating its rise in a short-term upward triangle pattern.
The low TF technical situation is rather positive as well as the daily outlook. On the 4h timeframe, the indicators show signs of bearish curves but without any crossover for the moment.
👉 What can be done?
Keep holding your positions guys, now we will wait for the break of the resistance zone formed by the ascending triangle and the horizontal level of the 6950 before reassessing the situation.
If this zone breaks and the BTC moves far enough away, we will enter again on retest of this zone.
💹 Altcoins
The market is neither bullish nor excessively bearish, there is a certain balance. This makes sense given the liquidity. Taking a profit on one alt causes it to fall and injecting profits into another alt triggers the rise.
Stay cautious my dear community, we are still in a particularly difficult market context.
Enjoy our analysis!
Your 4C-Trading Team 💚
