Get started
Kryptochristian

#BTCUPDATE - 30.7.21 LITERALLY NO SURPRISE

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
Kryptochristian  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Technical Indicators Fundamental Analysis dump august institution expiration options analysis
8
6
trendanalysis indicator fundamental dump august institution expiration options analysis


As I have been warning for the past few days BTC has been throwing up bearish flags everywhere.

We are straight down to first support - which is quite a strong one of the 200 DEMA although I think a small bounce here and the US online will sell and push down quite steeply. It should be an interesting weekend.

If we lose this support at $38.5k then next stop imo is $36.3k.

Benefits here are that we needed a correction after a heavy pump - and it is setting up nicely for an ultra bullish August. When ETH London Hardfork & German Institutions come online.

My play is to target $36.8k from here and then see if it holds - if not then look to $34k. In the same breath start accumulating/DCA'ing BTC on the way down now as the come back pump is gonna be REAL!!!!

Related Ideas

Kryptochristian
#BTCUPDATE - 31.7.21 BULLFLAG....TICK
Kryptochristian
#BTCUPDATE - 29.721 - D-DAY
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.