View on BitCoin BTC/USD (11 June 2021)
Follow our last analysis?
BTC has reached at 34K as we expected.
I expect btc is going in the strong swing region using 40K as resistant and 30K as support.
As of right now, the future sell down may not happen anytime now. If there is any changes, we will update.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Follow our last analysis?
BTC has reached at 34K as we expected.
I expect btc is going in the strong swing region using 40K as resistant and 30K as support.
As of right now, the future sell down may not happen anytime now. If there is any changes, we will update.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated View on BitCoin BTC/USD (23 June 2021)
The shakeout of recent days were extreme and media were pumping all the FEAR factors into the retail traders' mind.
If you keep the cool head, look the charts objectively. the sell down was a nice attempt to shake traders out, whose Stop losses were placed below 30K level.
Moving forward, the short covering rally in place and it may/can swing back up to 36K region.
The shakeout of recent days were extreme and media were pumping all the FEAR factors into the retail traders' mind.
If you keep the cool head, look the charts objectively. the sell down was a nice attempt to shake traders out, whose Stop losses were placed below 30K level.
Moving forward, the short covering rally in place and it may/can swing back up to 36K region.
Comment:
Updated View on BitCoin BTC/USD (6 July 2021)
Did you followed our previous analysis? It reached 36K as we expected.
We had a quiet Monday as it is the Holiday in US of A.
Now, it shall try to retest the high of 35,800 region soon.
If the bull move takes momentum, it can swing back to 38K region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Did you followed our previous analysis? It reached 36K as we expected.
We had a quiet Monday as it is the Holiday in US of A.
Now, it shall try to retest the high of 35,800 region soon.
If the bull move takes momentum, it can swing back to 38K region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Comment:
Updated View on Crypto BitCoin BTC/USD (12 July 2021)
We are still holding the same view, just like the one we wrote on 6 July.
It shall swing back up to 38K.
In general, BTC is creating a strong base region near 30K~40K for the next massive leg UP soon.
If it happens, 50K shall be on sight.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
We are still holding the same view, just like the one we wrote on 6 July.
It shall swing back up to 38K.
In general, BTC is creating a strong base region near 30K~40K for the next massive leg UP soon.
If it happens, 50K shall be on sight.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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Smart Money/Market Money are using quite Monday to run serious stops to shake weak holders out.
We have Powell's speech on this Tuesday. That is the one that we need to be careful about. Things can turn around (or) get worse from there.