View on BitCoin BTC/USD (15 Mar 2021)
BTC has a decent swing back down, after hitting 60K region.
Now 56.2K region has become a good support, it MAY go sideway for now for now as the bull/bear fight it out.
It is very obvious that the BTCUSD is still in UP trend and if the current region 55K~56K is broken down, it can break lower to 52K~54K region.
On the other hand, if you want to catch a GENERAL TREND, it is better to wait buy in slowly at strong support levels.
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.
BTC has a decent swing back down, after hitting 60K region.
Now 56.2K region has become a good support, it MAY go sideway for now for now as the bull/bear fight it out.
It is very obvious that the BTCUSD is still in UP trend and if the current region 55K~56K is broken down, it can break lower to 52K~54K region.
On the other hand, if you want to catch a GENERAL TREND, it is better to wait buy in slowly at strong support levels.
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 Mar 2021)
Well Well Well.
54K is a good support right now and it is trying hard to break down lower.
This is no gurrantee that it will break down or not but at least it is trying.
Once that 54K is broken, 51K~52K level shall be next.
Well Well Well.
54K is a good support right now and it is trying hard to break down lower.
This is no gurrantee that it will break down or not but at least it is trying.
Once that 54K is broken, 51K~52K level shall be next.
Comment:
Updated View on Crypto BitCoin BTC/USD (25 Mar 2021)
Another Massive Profit.
The strong support of $52K level is reached, yet the price action is very Bearish Still.
$48K~$50K will be the next strong support.
Another Massive Profit.
The strong support of $52K level is reached, yet the price action is very Bearish Still.
$48K~$50K will be the next strong support.
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Did you follow our analysis on 15 Mar 2021? Overall, the participants believe that 60K is way too expensive for now.
As we mentioned, it is breaking the 56K support level now. It can go lower to 52K~54K region soon.
So, if you wanna buy in, you shall wait it out first.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!