BTC still in no mans land
Hi guys,
quick update.
It looks like it is still going sideways, seems more like an accumulation than anything.
However we still need some positive volume and positive momentum.
Trend EMA looks positive for now.
Wait for confirmation before entering a position.
Remember that such big sell offs take some time to recover, so we could go sideways till the end of summer.
However the outlook remains positive, the stock to flow indicates that we are no where near the top.
DYOR this is not FA.
For more info feel free to contact me.
quick update.
It looks like it is still going sideways, seems more like an accumulation than anything.
However we still need some positive volume and positive momentum.
Trend EMA looks positive for now.
Wait for confirmation before entering a position.
Remember that such big sell offs take some time to recover, so we could go sideways till the end of summer.
However the outlook remains positive, the stock to flow indicates that we are no where near the top.
DYOR this is not FA.
For more info feel free to contact me.
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