Plain and Simple Bitcoin Daily Analysis - 3/5/21 - BTCUSDT
Updated
Plain and Simple Bitcoin Daily Analysis - 3/5/21 - BTCUSDT BINANCE:BTCUSDT
Allright, so i've been preaching about this coming drop during the whole week.
(check my previous daily analysis - link below)
Did not touch anything yet on my chart and drawing for 5 days actually
At that point, the asian market kept droping, so we are getting closer to the 45180 resistance.
Finally
Right now, we might see a little of a bounce during this day, but now it's nearly certain that the resistance line below will be tried.
Bounce might reach 48050
Once we drop to the 45180 line,
Depending on the VIX , we will see then if it's a BUY for a higher move, or if there is more downside to 39K/36K,
If you are buying today, then , lock your profits. It's too uncertain.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
Allright, so i've been preaching about this coming drop during the whole week.
(check my previous daily analysis - link below)
Did not touch anything yet on my chart and drawing for 5 days actually
At that point, the asian market kept droping, so we are getting closer to the 45180 resistance.
Finally
Right now, we might see a little of a bounce during this day, but now it's nearly certain that the resistance line below will be tried.
Bounce might reach 48050
Once we drop to the 45180 line,
Depending on the VIX , we will see then if it's a BUY for a higher move, or if there is more downside to 39K/36K,
If you are buying today, then , lock your profits. It's too uncertain.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
Note
Allright, maybe something cooking here, with a little spike up to 53K. I'm in doubt, but a few signs are showing up.Though i would stay carefull and prefer the 50K level.
It Can/may happen, but i'm not that convinced....wait and see tomorrow.
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