Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Let's see how this goes ! I'm not trading this one but still interesting to see on the 4H what is getting built.
Same Bearish Target as the first correction we had in the 2017 bull run : -40% from the top When we hit a new low or at least get a price stabilisation in about 10 more days it's going to be time to go all long again. My suggestion would be opening plenty of small, high leverage positions spread over a few days to dollar cost average the local bottom.
If the resistance eventually becomes a support after a pullback we have a good entry.
Looking at RSI we can have some good ideas of Bitcoin buying opportunities during this bull run.
Still Bullish on the 4h frame. Potential good scalps to do.