CHINA FUD SENT US BACK TO 3 WEEKS AGO LEVELS.
THE IMPORTANT THING IS THAT WE DO NOT BREAK OUR LINE OF SUPPORT AT 31400$ IF THAT BREAKS I CAN SEE FURTHER DECLINE.
ONE THING THAT SCARES ME IS THE POSSIBILITY OF BREAKING ALSO 30000$ AND VALIDATE AN HEAD AND SHOULDERS PATTERN, THAT COULD TAKE US ALL THE WAY DOWN TO 18K.
I DON'T SEE MANY CHANCES OF THE H&S PLAYING OUT BUT WE NEED TO PAY RESPECT TO WHAT THE CHART IS TELLING US.
I REMAIN CALM AND BULLISH ON THE LONG HAUL FOR $BTC SINCE I RECOGNISE THE GENERAL POTENTIAL OF CRYPTOS AND I BELIEVE THAT WE WILL REACH GLOBAL ADOPTION SOMETIMES IN THIS DECADE.
IN THE SHORT-MID TERM I CAN SEE THE PRICES RANGING FROM THE 30K TO 40K LEVELS, ONCE WE REGAIN OUR BULL MARKET SUPPORT BAND, (20 SMA, 21 EMA) BREAK IT AND TEST IT AS SUPPORT WE CAN SEE ANOTHER RUN FOR AN ATH AND THE FINAL LE OF THE BULL MARKET BRING US ALL THE WAY ABOVE 100K.
KEEP CALM, DON'T LEVERAGE TRADE CRYPTOS, JUST BUY AND HODL AND YOU'LL BE JUST FINE.
GOOD LUCK AND I'LL SEE YOU ALL IN A LAMBO HEADED TO THE MOON.
THE IMPORTANT THING IS THAT WE DO NOT BREAK OUR LINE OF SUPPORT AT 31400$ IF THAT BREAKS I CAN SEE FURTHER DECLINE.
ONE THING THAT SCARES ME IS THE POSSIBILITY OF BREAKING ALSO 30000$ AND VALIDATE AN HEAD AND SHOULDERS PATTERN, THAT COULD TAKE US ALL THE WAY DOWN TO 18K.
I DON'T SEE MANY CHANCES OF THE H&S PLAYING OUT BUT WE NEED TO PAY RESPECT TO WHAT THE CHART IS TELLING US.
I REMAIN CALM AND BULLISH ON THE LONG HAUL FOR $BTC SINCE I RECOGNISE THE GENERAL POTENTIAL OF CRYPTOS AND I BELIEVE THAT WE WILL REACH GLOBAL ADOPTION SOMETIMES IN THIS DECADE.
IN THE SHORT-MID TERM I CAN SEE THE PRICES RANGING FROM THE 30K TO 40K LEVELS, ONCE WE REGAIN OUR BULL MARKET SUPPORT BAND, (20 SMA, 21 EMA) BREAK IT AND TEST IT AS SUPPORT WE CAN SEE ANOTHER RUN FOR AN ATH AND THE FINAL LE OF THE BULL MARKET BRING US ALL THE WAY ABOVE 100K.
KEEP CALM, DON'T LEVERAGE TRADE CRYPTOS, JUST BUY AND HODL AND YOU'LL BE JUST FINE.
GOOD LUCK AND I'LL SEE YOU ALL IN A LAMBO HEADED TO THE MOON.