For a moment bitcoin looks bullish so we could expect upside movement here is buyside setup.
btc is a now previous days support zone. there is high chance it will move upside
buy around 65000 sl 64400 and 66500 a tp
This chart speaks for itself. Pure price action for me. This is looking at the daily chart and we can easily identify key area. Like where we could be headed both long and short. Nevertheless, #BTC is doing exactly what it needs to do to take us to the next level. Hold on to your seats people This is going to be a hell of a ride. Downside move could...
Traders,
I will probably not be posting as frequently this next week due to some personal matters that require more attention. Thus, I thought pushing out another general update on where we are currently sitting in the crypto space would be appropriate.
As you have seen, I have still been busy entering trades in alts. The main reason for this is Bitcoin’s...
- Selloff to start the trading day
- Potential reversal forming around $26.87 with wicks below
- NASDAQ:BRRR Bitcoin Spot ETF Performance After Jan 11 DebutLow trading volume = Only $737k and counting
- Selloff to start the trading day
- Potential reversal forming around $49.48 with wicks below.
- Very low trading volume = Only $75k and counting
- AMEX:BTCW has the lowest trading volume so far, least buyer interest it seems
- Selloff to start the trading day
- Potential reversal forming around $52.43 with a very suspicious wick below
- Low trading volume = Only $337k and counting
Traders,
While I have stated all along that Bitcoin could spike to as high as 55k, though 50-52k is more likely, my target of 48k has been reached and I am choosing to take my profits now. 48k is huge resistance and I will probably not trade again until future direction can be confirmed with a close above 48k and two more candles opening and closing above that...
