BTC is going to 100k. Ok bro, good luck... Take profit for now and now I will enjoy the moonboy show. As mentioned in my previous post, we are exactly rejecting from weekly HMA50. Closing the weekly candle below HMA50 just below 72k will confirm its weekly rejection.
No doubt the daily timeframe is bullish, weekly also shows signs of bullish momentum. However, we need to be cautious around 71.6k HMA100 and the bearish cloud region box as highlighted. MACD histogram weekly started to flip green. But 71.6k region will be so crucial.
Warning! Guys! No doubt chart looks bearish but be careful. I have overlooked the bearish cloud in a 1-week timeframe. Manage your risk.
Guys! Honestly chart looks very bearish at the moment even in weekly. I have posted daily timeframe in my previous post but 71.6k level is very very important and hopefully it will not be a fake pump.
As I mentioned in my previous post, BTC seems to be bullish even weekly and monthly. There is a potential really unless something unexpected happens, the chart is showing bullish at least for the short-term. My previous post:
For short-term, it looks bullish but need candle confirmation above fib golden ratio. We need to see 1st candle confirmation for today daily candle close then 2nd candle confirmation to stay above 0.618 fib golden ration. Weekly TF HMA50 resistance at around 72k, heavy resistance.
Only youtubers and so called crypto expert will ask you to buy the top.
We are still below HMA50 in weekly as all my previous... So if you are very bullish, be careful. I don't mind if I am wrong coz I respect chart rather than hype.
BTC ETF Approved. ETH ETF, Trump supports Crypto, Block Rock is buying. Don't be fooled. This is your last chance. LOL LOL LOL
This is to back my previous post.... I am not the hyped one who will always follow what the majority does. Every time the price is below HMA50 that I have circled in, we will see price correction significantly. So, I will never hyped and will not be a moonboy. If I am wrong then so be it. All the best keep listening to youtubers and so called cryto expert...
I don't wanna explain so much. Only want to remind everyone not to hype yet. We are still below HMA50 in weekly....
Look at social media and YouTubers and those crypto experts on twitter. Everyone keeps preaching about ETF and supply shock blur blur blur. I am speechless.... Crypto space is becoming toxic because of social media and youtubers.
The only bullish scenario I can find is on a 3-month timeframe. SMI indicator normally hits the value 65 upper bounds in a 3-month timeframe. I show what I see.
As in my previous post, the bearish divergence for 4H timeframe has played out. Now, at the same time we are also seeing Bullish divergence, it may be opportunity for short-term trade, but if price broke 63.4k, Bullish divergence is invalid. For long-term, I am not that bullish and the worst case it may go side way. Be cautious, not to forget today's daily...
Be cautious guys! As my previous post, we are still under HMA 50 and 100 in weekly. This is the only thing I want to say. Your money, your decision.
Guys! there is nothing to be excited about this. As in my previous post, we are under weekly HMA100 and for monthly timeframe, wavetrend has started to initiate cross down. I respect the chart and don't care about the news. If I am wrong, so be it.
Being in cryto space for 7 years. I have learnt so much. What did I learn? F* the youtubers. F* the news. F* the twitter expert. F* social medial expert. Respect the chart... These market is toxic because of these group of people. What is bull market? It is depend on your own definition. This chart is on monthly. To me as long as price is above 44k, it is...
Guys! Don't need to care about News, Fake YouTubers, Media, and Stupid experts on Twitter. Just be patient, keep the money sideline or stable coin and stake it to earn APR. Charts never lie but those YouTubers are lairs. Buy only when weekly candle fall back to KC lower level. And remember, don't be excited for fake pump, as long as candle below HMA100 is...