Probably Not
This is a quick update to the post yesterday about the Squeeze Bitcoin is in.
And you can see it there.
PA is ranging along the -1 VWAP line, around the 2021 ATH line
And above is the descending local resistance.
And the apex is around 7th April, Tuesday
PA always reacts before Apex and so, YES, we may see a move this weekend.
Or by Monday PM CET I would imagine
No Guarantee..... But PA never really goes through an Apex with no reaction.
UP or DOWN ?
That is the Big question.
We have some Elliot wave ideas suggestion a Further Dip on smaller waves but in the 5 on larger..... but we also have Oversold BTC on a weekly timeframe and below Neutral on Daily and 4 hour
So it could go either way and we need to be ready for both possibiities but I am Steering towards a push higher.
With Stops!
Have a good weekend.....
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.