Market situation is harsh right now but I don't expect a bounce at these levels : from 18.5k to 21.8k tonight was just a hunt to generate more liquidity for more shorting.
We have 50 Monthly EMA as support at 16.5k.
Weekly RSI at 26 and an expanding wedge same as on Nasdaq and SPX which I expect to make a move just a bit lower than previous lows and bounce hard Bogdanoff style.
In case it goes below this as a wick, might move to 15k and last support is 12.5k.
Plan : I start to buy btc and alts when bitocin touches 16.5k.
Thx, cheers )
We have 50 Monthly EMA as support at 16.5k.
Weekly RSI at 26 and an expanding wedge same as on Nasdaq and SPX which I expect to make a move just a bit lower than previous lows and bounce hard Bogdanoff style.
In case it goes below this as a wick, might move to 15k and last support is 12.5k.
Plan : I start to buy btc and alts when bitocin touches 16.5k.
Thx, cheers )
Nota
Still stuck in this zone. Wait for breakout or we go below 17k this time.Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
