So I had this idea for bitcoin where it goes down to around 20700
IN a very quick move down just to get a quick move up again. 20k support and around 40400 is resistance
there's a lot of bullish divergence for me here where everyone's shorting this uptrend so I expect higher, but that might not give us a very strong move up
let's see
there's a lot of bullish divergence for me here where everyone's shorting this uptrend so I expect higher, but that might not give us a very strong move up
let's see
Note
for me, as we are here at 37k support is key, we lose it and it could get ugly very fast, especially at this time in November up until black Friday, where we have very big moves every yearNote
first proper support 31kNote
i would expect a big move in the next few days, be very careful guysNote
tomorrow is the day I would expect a pump to around 40-42k and possibly drop if the levels are lostNote
Still waiting here for that pump to 40k + with RSI making a lower high and a price drop preferedNote
two options for me here, either we come down to around 39k sfp the range lows, reclaim the range and continue up to 47-52k or higher. option 2 we do not go down, but go take the highs at 44700, sfp and get back to this range-that for me would be more bearishNote
this is done now. new idea updatedNote
good luck to all that bought the etf news, the major topDisclaimer
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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.