ProfessorMH

BTC bounced ? now its time to long or not ?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi, In the previous analysis I warned you that BTC will continue to accumulate and will remain stuck here for a couple of weeks

I explained why it comes down to what was the causes and how it can touch ATH again, so always remember if there is a pump on weekend then you should immediately book profits and it will come down on Monday that what happened, and as mentioned in my previous analysis that it will come to 45 and it does now on my chart there are two possible scenarios,

first, if the current wick closes below that then it will come down under 45500 and there is a little bit of pump we can see eventually it will come down again for more buying pressure,
Second, it will go up till 48500-491100 and sell pressure will come in and again it will be in that situation

but if you talk about where we should start buying? I think you can buy several coins right now if it comes further comes down then buy again buying 40% here not more than that

I generally don't believe in fancy charts or patterns, this all comes down to volume these all patterns all depends on volume so beware of that fact I can generate more followers by doing that but there is no benefit of that

Thank you

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