Short Squeeze, BTC Possible Short Term Swing to 6,9-7k!
Hello again!
Nice to see the price drop, so we can buy more cheap coins haha.
Talking about BTC again.
Do you see that? the falling chanel that broke few days ago, it act like a temporary support.
But i am not going to talk about that.
I am going to talk that we have been completed the 5th wave.
The 5th wave has lower price than the 3rd wave but on RSI and MACD 5th have the higher low than the 3rd.
I see this as bullish divergence.
I'm not saying that we are go to the moon then, but i see that we will have a correction wave and test the last hard support line that we broke.
Maybe, the hard support line will be the hard resistance, and if going up for this short term, we should take profit around that zone 6,9-7k (7% gain).
I am doing this to another alternative coin/token too.
I have a good R:R there, but this is high risk.
So, manage your own risk.
Don't forget to follow me :D
Tip jar here:
BTC: 1NprKbTvkyLKzpSg556eRj6XubiJEhw95r
ETH: 0xbda06337bf410110c1ccddea8f6111a6c2f4f8f6
Nice to see the price drop, so we can buy more cheap coins haha.
Talking about BTC again.
Do you see that? the falling chanel that broke few days ago, it act like a temporary support.
But i am not going to talk about that.
I am going to talk that we have been completed the 5th wave.
The 5th wave has lower price than the 3rd wave but on RSI and MACD 5th have the higher low than the 3rd.
I see this as bullish divergence.
I'm not saying that we are go to the moon then, but i see that we will have a correction wave and test the last hard support line that we broke.
Maybe, the hard support line will be the hard resistance, and if going up for this short term, we should take profit around that zone 6,9-7k (7% gain).
I am doing this to another alternative coin/token too.
I have a good R:R there, but this is high risk.
So, manage your own risk.
Don't forget to follow me :D
Tip jar here:
BTC: 1NprKbTvkyLKzpSg556eRj6XubiJEhw95r
ETH: 0xbda06337bf410110c1ccddea8f6111a6c2f4f8f6
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