Update on my long-term approach for my next entry into cryptocurrency.
Currently, bitcoin is playing a major left shoulder structural that most will use as a key area for support and resistance play.
What I see is a new turning point being distributed on the monthly chart, with the (2week, weekly, 3day, daily charts) still bleeding red.
I continue to sit on the sidelines to see where this correction plays towards.
What are your thoughts on where the price will be after the correction?
Take care.
Currently, bitcoin is playing a major left shoulder structural that most will use as a key area for support and resistance play.
What I see is a new turning point being distributed on the monthly chart, with the (2week, weekly, 3day, daily charts) still bleeding red.
I continue to sit on the sidelines to see where this correction plays towards.
What are your thoughts on where the price will be after the correction?
Take care.