On a weekly chart 60k upper resistance attempted many times. It looks like it will break this time. Rsi well adjusted for the upcoming rise(almost same level as sep 2020)! We are above all the moving averages. Volume is increasing. Ether also went too far! Btc Titans looks like ready to take over the market once more. This is and early entry opportunity for 40% run. In the mean time alt coins might be stagnant for a while. I will update this chart as we move along! Time for BTC to roar and inject more money in the market. Everybody will benefit from this!
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
Comment:
Ethereum coin has been leeching on to BTC for a while. That is why this minor correction was needed. When Ethereum coin holders realize what they are actually doing , we will go back to growing. Btc must grow to 80 k first then everything can go back to normal again! We are in this together.
Comment:
Another test to trendline. Still holding for now:)
Trade closed: stop reached:
Thanx to elon musk and etherium users we have a broken the main trendline and very negative outlook. We may come back from it but don't hold your breath. Manipulators AKA Elon musk with one tweet turned crypto world upside down! He said first tesla accepting coins then he said tesla will not be accepting coins! If he gets sued ,I would not be