curiouscoin

This is no time to start making bullish cases for $BTC —

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
All you need is a little bounce up to make people think BTC             is back and going back to the moon. It's not. Not yet. Yes, the current daily candle is bullish , but look at the amount of tests ahead. We have the yellow 200 MA right above us. We have the previous resistance before the latest downfall, all at the $8K level. In addition, we are still trapped in the mega downtrend channel (white lines).

So yes, while we might get some nice sideways action, perhaps a jump up to the $8K level, BTC             and the rest of crypto are still super screwed up. I would like to see BTC             first, break out from the down channel (white lines), either with decisiveness (very bullish then), or sideways by inertia.

A) If you are a trader, sure, get a kick out milking this one out until it dives down again.

B) If you are long term, then wait for downtrend breakout sideways or the upside preferably.

C) If you are HODLer, then why are you watching charts. Just go enjoy your life as we'll get to $100K eventually.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out