BABA show bullish divergence in bigger timeframe .let see if it play out then we will break 100$ easily
But SPY is heading down word so if Baba loose 84$ support then our next target is 60$.
So stay ahead and always use stoploss.
BTC looks bad if 4 hr candel close above pervious support then we will have relife relly towards 40000 but rite now its looks bad and heading towards 34000 and may be 31000.
Always use stop loss to secure your investment if you are short term holder.
Casa just hit the resistance at 7$ because Erizon make ~$40 million equity investment in Casa Common Stock but be careful at 7$ price rage we already hit the resistance let see if Casa successfully break it or we see correction here.
BTC is stopped at RED Light from here it will choose its way again pump or dump. Rite now its look like 2 plays.
1. there is clear bearish divergence which means if BTC fail to hold 38000$ it will move towards 33000 and may hit 30000$.
2. if BTC hold 38000-40000 level then there is high chance to hit again 48000$ and after that if BTC break 48000$ then our next...
BTC looks good in longer term and bullish case scenario may hit target D. But there is very loud and clear bearish divergence which may lead to downward towards 33000.
Let see which way bitcoin lead us first.