I hope at least this week, candle close above 42000 to stay positive.
But seeing the candles + overall mood looks like it's difficult .
So I'd like to say "stay "CAUTIOUS" , coz anything can happen...
Nothing rise + bullish forever
.
Even fear meter = 10 it doesn't mean that you are already at bottom -
(Google for overlay chart fear and greed compared to the Bitcoin price)
But it means "Yes this is a good time to "start" to buy.... and may be keep "DCA"
since we never know where is "bottom".
.
This chart is bit closer look of previous version.
I bet someone 5 THB for this to happen.. so don't take it seriously
Things may not turn into the worst scenario.
Whether it's up or down, With a good investing plan,
risk & money management . will always make you survive !
.
Feel free to feedback/comment
Thx
.
Mil
But seeing the candles + overall mood looks like it's difficult .
So I'd like to say "stay "CAUTIOUS" , coz anything can happen...
Nothing rise + bullish forever
.
Even fear meter = 10 it doesn't mean that you are already at bottom -
(Google for overlay chart fear and greed compared to the Bitcoin price)
But it means "Yes this is a good time to "start" to buy.... and may be keep "DCA"
since we never know where is "bottom".
.
This chart is bit closer look of previous version.
I bet someone 5 THB for this to happen.. so don't take it seriously
Things may not turn into the worst scenario.
Whether it's up or down, With a good investing plan,
risk & money management . will always make you survive !
.
Feel free to feedback/comment
Thx
.
Mil
Note
SEE YA 29000Trade active
On the wayNote
bottomed yet? its been too longNote
According to this chart, it's currently not able to break up the resistance yetNote
but who knows it can be like 2015 -2016 , who could draw the accurate support and resistance line on big time frameRelated publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.