With fundamentals still looking solid, we think it’s a good opportunity to enter a short-term trade or simply accumulate a portion into the long-term portfolio.
Technicals:
1. RSI key support & hidden bullish divergence
2. Bottom of channel
3. We’ve broken and dropped back to key resistance1 since a year ago
4. Tight stop loss -> good risk reward setup
Fundamentals:
Most fundamentals remain in bullish trend, and some indicate a potential decrease in selling pressure these few days, which tend to be good entering opportunities. The way we like to see the market is “believing in the current trend until proven otherwise”. :)
The biggest risk factor for us right now is still COVID19’s status. If China experiences another outbreak, we might see a repeat of March in smaller degree.
What do you think about the idea? Do you agree or disagree? Share your thoughts and critics in comments!
Technicals:
1. RSI key support & hidden bullish divergence
2. Bottom of channel
3. We’ve broken and dropped back to key resistance1 since a year ago
4. Tight stop loss -> good risk reward setup
Fundamentals:
Most fundamentals remain in bullish trend, and some indicate a potential decrease in selling pressure these few days, which tend to be good entering opportunities. The way we like to see the market is “believing in the current trend until proven otherwise”. :)
The biggest risk factor for us right now is still COVID19’s status. If China experiences another outbreak, we might see a repeat of March in smaller degree.
What do you think about the idea? Do you agree or disagree? Share your thoughts and critics in comments!
Ghi chú
Potential Elliot Wave scenarios here. Which one is your count? 
Ghi chú
View updated to the following:
Ghi chú
Another drop in BTC likely in the short-term. We are still bullish for the long-term and accumulating whenever we can. Check out the details below:
Ghi chú
BTC is so far moving as planned. Currently, it's at a critical moment. The 2D RSI needs to move above its MAs for a continued BTC bull trend. 
Building the future global economic system
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Building the future global economic system
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.