Over the last few weeks, PA has managed to climb above the descending line of resistance off the ATH ( Dotted line) and is now sliding down it as support while PA cools off a little.
Ultimatly though, PA is still in the larger ascending channel witht he upper trendline around the £35K mark currently and I think this is the target over the next few months
MACD is still Bullish But Daily is still Bearish and approaching 0 so may begin turning soon
BUT DXY is also looking Bullish right now and that could slowdown BTC PA rise and certainly hurt ALTS
This week is an important week. The War between TradFi and Crypto is heating up and fundimentals will begin being used again soon I expect
Ultimatly though, PA is still in the larger ascending channel witht he upper trendline around the £35K mark currently and I think this is the target over the next few months
MACD is still Bullish But Daily is still Bearish and approaching 0 so may begin turning soon
BUT DXY is also looking Bullish right now and that could slowdown BTC PA rise and certainly hurt ALTS
This week is an important week. The War between TradFi and Crypto is heating up and fundimentals will begin being used again soon I expect
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
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.
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
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.