On my perspective we couldn't finished the downtrend yet. The up move we got last week was triggered by a big buyer (not an investor) who doesn't care about price of btc. That's why we couldn't see bottom last week. It prooved me that a big buyer or seller nor good news doesn't effect the trend but the price of BTC.
So what's next:
-My dip target is not changed: 4.400 usd (we should see RSI oversold confirmation on that level may be under 28)
-As you can see on daily chart we are stucked into 3 trendlines, 2 pink and 1 yellow. This area made a crazy good swing trade for me. So what's next. I am waitin for a last bull run to 10k levels. And a huge crash to the bottom. So our targets not changed but delayed for the end of year.
Don't hold shitcoins. The only real crypto will survive is bitcoin. Don't forget that
So what's next:
-My dip target is not changed: 4.400 usd (we should see RSI oversold confirmation on that level may be under 28)
-As you can see on daily chart we are stucked into 3 trendlines, 2 pink and 1 yellow. This area made a crazy good swing trade for me. So what's next. I am waitin for a last bull run to 10k levels. And a huge crash to the bottom. So our targets not changed but delayed for the end of year.
Don't hold shitcoins. The only real crypto will survive is bitcoin. Don't forget that
Trade active:
I do not like this triangle but we should take it serious.
