Plain and Simple Bitcoin Daily Analysis - 3/3/21
Updated
Plain and Simple Bitcoin Daily Analysis - 3/3/21 - BTCUSDT
Interesting asian session with a small bounce at 47314 that i exactely placed on my yesterday analysis
Most probably, because of the news that Amazon started to integrate ETH on AMAZON Managed Blockchain
A hint for the future ?
So far, so good, so what ? ...now...
I don't think i will have to touch anything on my previous drawing.
Confidence is too high so does the RSI, and the 49680 resistence seems pretty tough to pass.
I'm not convinced yet by this bounce
Chances are, price will drop again back to the 44835 resistence line, that would be a great entry point
During the session, we will as usual pay attention to any news that can influence the price to breach one of these two levels.
You want to remain a calm observer, with 0 emotions.
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 go check my socials down there if you like this analysis!!!!
Interesting asian session with a small bounce at 47314 that i exactely placed on my yesterday analysis
Most probably, because of the news that Amazon started to integrate ETH on AMAZON Managed Blockchain
A hint for the future ?
So far, so good, so what ? ...now...
I don't think i will have to touch anything on my previous drawing.
Confidence is too high so does the RSI, and the 49680 resistence seems pretty tough to pass.
I'm not convinced yet by this bounce
Chances are, price will drop again back to the 44835 resistence line, that would be a great entry point
During the session, we will as usual pay attention to any news that can influence the price to breach one of these two levels.
You want to remain a calm observer, with 0 emotions.
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 go check my socials down there if you like this analysis!!!!
Note
Bull trap ? Nothing is really driving this move.
Still not convinced.
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.