BTC is moving slowly. We failed the double dottom where I talked about in my previous update. Then we formed a small downtrend that we broke. The retest was succesfull and now I want to see a double bottom on 49130 (The golden zone on the fibonacci), If we make this double bottom succesfully, we will go up. The first target will be 51500. If we can reclaim this...
Hey everyone, welcome to a new market update. Please trade safely.. BTC is leading and can make unexpected moves at the moment. If BTC starts to get bullish, I will start to make updates about the altcoins. Sooo.. BTC is holding support around 48K. And we see something bullish. BTC is making an double bottom! A double bottom is a bullish reversal pattern,...
Welcome to a new market update. BTC made a huge dip after the tweet of Elon Musk. I personally don't care that Tesla doesn't accept Bitcoin anymore. Elon says nonsense and manipulates everybody. Okay sooo.. Elon says nonsense but we must be thankful. You need to buy dips like this. The altcoin prices were big blessings. After the dip I noticed something nicely....
Welcome to a new update! It looks like BTC officially made a lower high. We already have made a lower low in the past. This means that BTC is in a downtrend. This is a great reset for the market but what are the support levels? The first support is 51K... If BTC can't break 51k we will see 56k soon. The next support is 47K. In the previous dip we couldn't...
Welcome to a new crypto update! BTC is very volatile at the moment. Please don't panic. BTC was in a rising wedge on the 4H. A rising wedge is a bearish pattern. BTC broke the rising to the downside and retested it today. After the retest, BTC dipped very fast. No need to panic! So what now? Wait till BTC gets less volatile and finds support. The next support...