Crypto-trading
Bitcoin in the Pandora's box ?Rn, Bitcoin is in the box as indicated and no one knows where it is going to break. It needs to close above 31.8K in order to up or fall down to 200 weekly MA. Keep an eye out and be ready. Looking at weekly RSI it feels like something should happen soon. Within a week or a month. What do you guys think?
p.s. Since everyone is bearish doesn't make BTC bullish or vice versa. The overall market structure, in general, is important.
BTCUSD - Longs are in. DREAM DESTROYER TimeIts kind of like Hammer Time...
but its dream destroyed time.
everyone is in again.
"There is no way it could go any lower"
"It has hit the bottom"
"Rockets rockets"
I am continuing to short everyday while there is so many Leveraged Long Positions at risk.
There is more CASH money to made if we go lower.
BITCOIN Short From Resistance! Sell!
Hello,Traders!
BITCOIN is trading in a downtrend
And the pair broke a key horizontal level
Made a rebound and is now about
To retest the level again
And we are expecting a bearish reaction
And a move down towards the target below
Sell!
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long on MATIC$MATIC is breaking through the resistance level. Bullish movement to resistance at 0,657$ is expected to happen next.
Ethereum: Bullish Divergence and the True Bottom at $1000In spite of the bullish divergence, which gives a trend reversal signal, we have more than enough reasons to see the continuation of the bearish trend.
Let’s look at the daily chart. We see a new attempt to update the local swing low by moving below the support area. If the bears succeed, it will give a strong bearish signal with the 1st target around $1450. I don’t think it will be the true bottom. We don’t have fundamental factors for the bullish crypto market in the nearest future. And I think we should be ready to see Ethereum at $1000. It is the matter of time.
From TA point, the area between $1000 and $800 will be able to stop and reverse the bearish trend. IF Bitcoin reaches $14 000 - 10 000, Ethereum will reach that support as well.
How to trade?
I would be very careful with all long positions. Yes, the market can move upward for some time against the logic. But there is no much support for the bulls.
I would wait for better prices and use DCA approach.
And what do you think about the TOP alt coin?
Please, share your thoughts about Ethereum in comments. I will be grateful if you support my work by smashing the LIKE button. Thanks for your attention!
BITCOIN Short From Resistance! Sell!
Hello,Traders!
BITCOIN went up again to retest the resistance level
And while I've got a mixed bias on the pair
I think that we might see a local pullback
And a correction from the resistance
Sell!
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