I update my background and trading strategy. I do not going to use EMA 21 and 50 for cryptocurrencies. I will use EMA 200, applying the support and resistance, because I believe that I'm good identify this basic concepts. And also, I change my RSI and MACD strategy too. I change everyall in my trading day to day to become my trading more advanced and modern.
So, we look in Daily timeframe that there's not a lot volume that BItcoin continue climb. But now, we look one thing. This diagonal resistance that I mark since April 2021 when Bitcoin reach near of $64,000 USD. That it's not neccesary a bearish signal, but as Bitcoin broke up this big diagonal ressitance when after of April 2021 Bitcoin crash toward $30k levels, Bitcoin could to continue in this bull trend. Now, MACD it's look and make a higher lover in the yellow indicator. Now, depending how the Hourly timeframe will move the demand and supply, we could to get more information in these timeframes if we would to short Bitcoin.
But in some minutes, I will going to analyze the H4 timeframe. This it's just my Daily perspective in the market!!!
If you like my new analysis, please hand up and share this analyzis with others traders in cryptocurrencies.
So, we look in Daily timeframe that there's not a lot volume that BItcoin continue climb. But now, we look one thing. This diagonal resistance that I mark since April 2021 when Bitcoin reach near of $64,000 USD. That it's not neccesary a bearish signal, but as Bitcoin broke up this big diagonal ressitance when after of April 2021 Bitcoin crash toward $30k levels, Bitcoin could to continue in this bull trend. Now, MACD it's look and make a higher lover in the yellow indicator. Now, depending how the Hourly timeframe will move the demand and supply, we could to get more information in these timeframes if we would to short Bitcoin.
But in some minutes, I will going to analyze the H4 timeframe. This it's just my Daily perspective in the market!!!
If you like my new analysis, please hand up and share this analyzis with others traders in cryptocurrencies.
