...wait to see if the market retests support on the line, after the CPI and PPI data is released this week. The best approach depends on your investment goals, risk tolerance, and market outlook. I would not recommend using a leverage higher than 3 for this trading pair.
...wait to see if the market retests support on the line, after the CPI and PPI data is released this week. The best approach depends on your investment goals, risk tolerance, and market outlook. I would not recommend using a leverage higher than 3 for this trading pair.
...backed currency in the opening of the energy crisis? On one side there is Bitcoin and on another, we have Oil, Gas, Gold, Wheat, Uranium, Fertilisers, Neon, Titanium, Palladium etc. Both sides will very likely go up in $ value this winter.
Breakout on RSI TL. Might be worth waiting for the confirmation on weekly, but I won't.
RSI is on the critical point and if we go below the line, we might face the lowest (red) range-bound.
Let's see if the weekly close confirms the breakout.
...after the long-term breakout. Buy after that 200 DMA crossing.
Otherwise it will go down like in 2019 BTC summer bull market
Bitcoin will need some steam to pass through these obstacles. Eventually, it will.
I hope that this might be a decisive stab to run through this strong 24 months resistance.
BTC might be braking this long term resistance this weekend
Bottom on 200 Weekly MA between 17th Feb and 23rd Mar 2020