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EuroMotif
May 28, 2021 11:23 AM

BTC due for near-term Bounce soon, maybe one small leg down yet 

Bitcoin / United States DollarCoinbase

Description

Quick post to map key supports nearby.
We should see a significant bounce soon.
Admittedly, the sentiment is ultra bearish .

35,075 - 242 might the end current wave down.
33,500 - 692 should be strong support for a bounce.
32,750 - 33k will be Bulls Last Stand before new lows.

Comment

We have a bounce!

Significant bounce where expected


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Zoom IN (1 min) For a closer look at the bounce
Nice! it was not 35 round by itself,
but the cluster fibs around it.

However, this is by NO means a sign of "bottom".
BUT, it would be a good start if US buys today, Friday.

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Comment

Nice bounce thus far.

about 5% from the exact support
but now we have 2 fibs defending 37 round.
Will be impressed if we get past 37 first push.

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Comment

Almost 6% now

In minutes!
and we got past the 37k resistance.
BUT expect a retest of 37k very likely.

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Comment

about 7%

And that might be about it a bit
25mins to NYSC open, maybe the next move then

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Comments
lxliuming
Strong sell pressure at the moment, might have another dip over the weekend.
UnknownUnicorn15072306
@lxliuming, looks like this is more accurate now.
BizzarTrading
I see USDT marketcap dominance is growing, specifically today we are near the levls of 21 May. For me can be signal of continuation downtrend for BTC, I fear in case of a bounce it will be small because of selling pressure orders.
crazyernie
@BizzarTrading, that has nothing to do with BTC price , it grows means they receive more deposits from clients ...it does not mean that someone is selling
ibrahimrahim
well done bro
raoultesla
The 8.618 is the "33K in July" all the veterans have said since January.
You already knew. Pretty sure you see 70% accurate the next 10 months or less.
It is a broad responsibility being the only one who can see at a school for the blind.

Do you find more stimulation nucleus accumbens in educating or self awareness?
Not cornering you labels of altruism vs ego, more the philosophy of your divinity amongst the masses giving only to boredom.

Whatever your seat, you definitely can explain to the layman, so you can communicate en-masse.
Quite the world you live within.
LotusTrading20
amazing!!!
ghostass
Nailed it as usual
UnknownUnicorn15072306
@EuroMotif what's the next update?
Thompson247krypto
@karthiksubbu, I have a secret for you in Trading crypto
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