A couple of days ago I made an analysis on BTC's bearish wedge pattern. Here I argued that we were likely to have more downside in the near future and that a bounce from the Support Area was expected.
Since the bounce two days ago, the market (especially alts) have seen a very strong bounce. We hit oversold levels on the 4H time frame twice in a row, which historically predicts a bounce for a day or two.
Since my overall market sentiment is still very bullish, I'm willing to take the bet that this was indeed the bottom. As we speak we're seeing a massive influx of buyers coming into the market buying this dip. If we manage to close above $60k at the end of the week, I think that we're going to see new all-time highs in the near future, target placed at $70k. Conservative investors might want to wait until BTC can break above $61k, the last local top during the drop.
Happy trading!
Since the bounce two days ago, the market (especially alts) have seen a very strong bounce. We hit oversold levels on the 4H time frame twice in a row, which historically predicts a bounce for a day or two.
Since my overall market sentiment is still very bullish, I'm willing to take the bet that this was indeed the bottom. As we speak we're seeing a massive influx of buyers coming into the market buying this dip. If we manage to close above $60k at the end of the week, I think that we're going to see new all-time highs in the near future, target placed at $70k. Conservative investors might want to wait until BTC can break above $61k, the last local top during the drop.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。