Mjdj1981

Mjdj1981

Hello every one. Bitcoin has formed a nice zig zag uptrend. I have drawn the trend support and resistance lines. So watch for breakouts above or below these levels. However, be careful with false breakouts. Remember to be patient and wait for confirmation candles. After all, buying at a higher price is better than falling for a bull trap, right? ;) Happy trading

Mjdj1981 Updated 

After the crash that happened around June 12th due to rise in inflation rate, we are almost in a similar pattern on the 4h chart, but within a different range. Despite some fake breakouts, the price is ranging between 19k and 22k zone. The good thing is that a nice support is formed at 19k and if things go well with FED reports, there seems to be a short term...

Mjdj1981

Bitcoin saw another red candle with FED CPI report. To see what will come next, we should wait to see market reaction to FED report. It is not wise to enter any position at the moment as the market is extremely volatile at the moment. As for Near Protocol, there seems to be a support being formed at around 3$. If this resistance is not broken, there are high...