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Analysis on #BITCOIN
Hello friends.
Look guys I know it has not been easy for most of us in the crypto market recently, and buying more crypto was not an easy decision as well however it was the correct decision to do.
ok let's get to answer the question in the mind of many of us, is the sell of done?
right now we can't look at a long take frame for long-term projections and prediction, everything must be on the lower time frame.
let me identify some of the MA for you.
Purple is 200
Blue is 100
Gray is 21
>>as you can see the fast MA is crossing above 100 MA this a bullish signal but not strong
>>the 200 MA acted as resistance near 40K, if the market closes above the 200 MA and the MA lines up as follows 21 is above 100, and 100 is above 200, it will be another strong bullish signal.
>>finally, if the market closes above 42000 it will be clear sailing and the rally will continue and it will dare to say it is possible to see new high
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis on #BITCOIN
Hello friends.
Look guys I know it has not been easy for most of us in the crypto market recently, and buying more crypto was not an easy decision as well however it was the correct decision to do.
ok let's get to answer the question in the mind of many of us, is the sell of done?
right now we can't look at a long take frame for long-term projections and prediction, everything must be on the lower time frame.
let me identify some of the MA for you.
Purple is 200
Blue is 100
Gray is 21
>>as you can see the fast MA is crossing above 100 MA this a bullish signal but not strong
>>the 200 MA acted as resistance near 40K, if the market closes above the 200 MA and the MA lines up as follows 21 is above 100, and 100 is above 200, it will be another strong bullish signal.
>>finally, if the market closes above 42000 it will be clear sailing and the rally will continue and it will dare to say it is possible to see new high
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
