CryptoGunner

CryptoGunner

This chart is a zoom in from my previous chart. A few points to consider: EVERYONE seems on the fence from a retail standpoint at this level. Volume has sharply decreased since the bottom near $6K two days ago, and that means the Whales gobbled up the available supply and are holding for now. Session volume is decreasing as we approach $8k and we have a few...

CryptoGunner

It's going to take a while before new money pours back into BTC. Whales stepped in and rescued this free fall near $6000, and pushed it up to $7500 where it currently stands. Some profit taking/shorting may push it back to recent lows for the month while price consolidates and the market licks its wounds. Many other alts will be diverting money away from BTC so...

CryptoGunner

Yes! I finally got my first chart going after watching tons of other people do it. My goal was just to understand the basics Tech Analysis 101 on this first chart. Thanks if you can give pointers.