I can see some hype going on shorting bitcoin while the same traders a few days back were aiming for 6k targets lol.
Wait for the perfect price action to happen & then Long/Short.
It's currently trapped in a triangle where the resistance has been tested 2 times & the support almost 3 times which indicates that the support may not hold next time if it touches it...
NIFTY seems to be on a good bull run from a few weeks.
If the candle closes below the blue line short it with the target in the green box & long if closes above the blue line
It is also forming a bearish channel & the blue line which is the resistance can make it move further down unless we see a sign of buyers
Yesterday I posted NANO call & we gained around 10% the next day!
This time it is NCASH , we reached the algo target which was the completion of the 5th wave & the RSI is below 30 which is a sign of buyers getting in & the selling pressure is decreasing.
Yep I think it is possible for BTC to go till 10k & then decide its bull or bear season.
As we could see that btc is completing the 4 wave & this 4 wave could retrace till the fib levels & then we will have a 5 wave which could go till 10,048 (using stick method)
Y'all ask to buy btc when its in bull mode but now its a good time to take some risks!
90% alt charts are looking crazy!
Venbtc is about to break out from the triangle & is sitting on the 0.5 Fib level
Rsi is having a bullish divergence & so does the MACD
I expect some 10-20% profits in the coming week!