It's only personal trivial view. Do not take it seriously.
Beyond Technical Analysis means somewhat daydream.
Do your own risk & get some money.
You don't need to persuade me nor go in the reverse direction against with your own TA at all.
Just have fun ;)))
Anyway I'm a 1K boy. ;))
We, I mean moonbois & bears are fighting with very small volume now.
Most volume is still under someone's drawer.
As you can see, we have some of rather strong support under 10K. You can see those volume bars at around 6K & 3K.
1K is quite strong area, so many of bears tell that BTC is going to visit 1K for the doom or for the next bull market.
When it happen to visit that area, we can see crazy buying volume by individuals & institutions.
Many people say that there's no reason MM drop it to 1K because everyone knows that area is the bottom.
But they need to collect individuals BTC to sell them it again with higher price.
Anyway, BTC is foarming symmetrical triangle with some hidden bullish divergence.
If it is a bullish one, we can see a new ATH soon. If not we need to prepare some more drop to retest 6K.
That means it's a good time to bet your direction.
In my case, I'm very timid bear, so I still keep my 50:50 rule.
I already doubled my Alts and I sold 50% of them.
I'm looking for any good position to buy them again.
Have a good weekend.
* I see some hidden bearish divergence at 4H chart. It will be invalid when it surpass over 10686.
Beyond Technical Analysis means somewhat daydream.
Do your own risk & get some money.
You don't need to persuade me nor go in the reverse direction against with your own TA at all.
Just have fun ;)))
Anyway I'm a 1K boy. ;))
We, I mean moonbois & bears are fighting with very small volume now.
Most volume is still under someone's drawer.
As you can see, we have some of rather strong support under 10K. You can see those volume bars at around 6K & 3K.
1K is quite strong area, so many of bears tell that BTC is going to visit 1K for the doom or for the next bull market.
When it happen to visit that area, we can see crazy buying volume by individuals & institutions.
Many people say that there's no reason MM drop it to 1K because everyone knows that area is the bottom.
But they need to collect individuals BTC to sell them it again with higher price.
Anyway, BTC is foarming symmetrical triangle with some hidden bullish divergence.
If it is a bullish one, we can see a new ATH soon. If not we need to prepare some more drop to retest 6K.
That means it's a good time to bet your direction.
In my case, I'm very timid bear, so I still keep my 50:50 rule.
I already doubled my Alts and I sold 50% of them.
I'm looking for any good position to buy them again.
Have a good weekend.
* I see some hidden bearish divergence at 4H chart. It will be invalid when it surpass over 10686.
Comment:
Comment:
everybody is waiting for 11.5K now. let's see and take your own way for that.
