All the feat is all over markets. Stock, Gold, Crypto is all down. Situation like this It will be chop up and down and shake out weak hand investors. At this point be careful and manage your risk carefully. It possible to move in the zone for maybe 5-10 days until bull come back.
It's made higher high this time now bitcoin stop and rest for adjust it price abit hard and we will see what going to happen if the bull win this game.
In chart you can see I have stop lost in place and secure profit. My strategy is having core position and risk position at same time. And set clear buy zone and stop zone.
Stick to the plan. See you again at 70K
From past analysis we got 73% profit from last buy zone. Bull are back and seem like the momentum keep going up our way. In this TC I move battle zone up higher. In case it drop we have a game plan set about the time to buy more.
After CAKE become popular and it has higher TVL on platform I think this is one of success case on BSC chain. About chat I spot RSI is getting higher and price chart seem like it doing equilibrium forming running flat for some times. After it set I expect to see new big wave coming.
Downside this can be opposite way because we have last few resistant lines if it...
It went a bit below bear line but coming back broke out of a rising wedge. From now we have to keep eyes on Bitcoin price and if it able to keep the price level above the Bull line. It will be more likely going upward to the target 70K. (It was a mistake I put 60K in the previous one).
By this analysis I bought some Bitcoin from the buy zone and now I have a bit...
After price follow prediction and hit target second time. Now we gave support line and trading zone. From today situation I don't think Bitcoin will dump after this anymore from 9-12 we see alot of buyer buy big amount of Bitcoin at that price.
This is medium target price should go to target in the green zone but be careful about the turbulence.
PS. This is...
I feel like this is the sell pressure from new buyer who enter Bitcoin from 20K because they don't have enough safety gap and also profit taker from long HODL.
This idea is only for the risk taker for short term gain and only use a small risk in portfolio.
Bull base scenario
When I see the price range on the down trend compare on the up trend clearly spot alot more volume coming in.
Price pull back normally around same percentage range. This give me an idea this look more like pull back to go up again.
The price pull back not because of this project itself but because of effect from BTC sell off.