Hello Friends, Traders and Interested,
just a very quick TA to BTC.
Nice to see, especially in the crypto - chat, how many people shout out we will soon moon, just because BTC just went up a little bit.
1. Weekend pump, often seen
2. Whales games, to bring the people go leveraged long
But the most important thing, from the technical analysis point of view: We are actually inside a bear flag. Nothing more. Yes of course, Bear-flags not always working as they normally do, but before calling out a moon -fly, we need to have another correction to around 7 - 6 K - levels.
Yes, just my opinion.
But the rejection from the 10 K last week was a hot indicator, that we might have to go again into the 7 - 6 K area.
Possible Targets:
High of the bear flag: around 8900.
Sell after outbreak (aggressive trade) or after retest of the bottom line of the bearflag ( defensive trade entry)
I am normally a bull, but until today I cant see clear bullish signs.
So, be careful to go long now, but as always........ not trading advice, just educational.
Trade safe and trade on your own risk.
Best whishes, Sascha
A Like and a Follow makes me happy.
just a very quick TA to BTC.
Nice to see, especially in the crypto - chat, how many people shout out we will soon moon, just because BTC just went up a little bit.
1. Weekend pump, often seen
2. Whales games, to bring the people go leveraged long
But the most important thing, from the technical analysis point of view: We are actually inside a bear flag. Nothing more. Yes of course, Bear-flags not always working as they normally do, but before calling out a moon -fly, we need to have another correction to around 7 - 6 K - levels.
Yes, just my opinion.
But the rejection from the 10 K last week was a hot indicator, that we might have to go again into the 7 - 6 K area.
Possible Targets:
High of the bear flag: around 8900.
Sell after outbreak (aggressive trade) or after retest of the bottom line of the bearflag ( defensive trade entry)
I am normally a bull, but until today I cant see clear bullish signs.
So, be careful to go long now, but as always........ not trading advice, just educational.
Trade safe and trade on your own risk.
Best whishes, Sascha
A Like and a Follow makes me happy.
Comment:
the next few Hours I see this..:
Comment:
not bad:
Comment:
AS PREDICTED
Trade safe my Friends
AS PREDICTED
Trade safe my Friends