BTC is reaching the strong resistance, i.e. previous high and at 45k. We need to see the break out with a strong volume. Otherwise this present a convergence and followed by a correction - this is only my guess!!! If so, we can accumulate new positions.
You have seen lots of this breakout on many coins in the past weeks. Some take a few candles to rocket and other may take 10-20 candles. Just make sure you don't bet on any one coin and diversify your portfolio.
Tough time for late entry as the market is sideway and we are seeing altcoin sideway down. Be patient and pick the ones that are as strong as MIL:BTC , e.g. NYSE:SUI , AMEX:NEAR , ASX:MKR , CRYPTOCAP:SOL , $ETH.
And lock profits on recent movers, e.g. CRYPTOCAP:RUNE , LSE:TIA
Buy at support in sideway market!!!
Many alerts went off just when CRYPTOCAP:BTC -3%. This is a good point to get back into more positions, LSE:ONE , CRYPTOCAP:MATIC , and those that were sold this morning, CRYPTOCAP:SOL , CRYPTOCAP:AVAX , INDEX:GALA were bought back on their EMA 100, 200 TF H4
Many altcoins are making correction despite BTC is pushing higher. This is probably a good time to secure some profits. CRYPTOCAP:SOL , CRYPTOCAP:AVAX , AMEX:NEAR , etc. sell the one that MACD DAY super high and wait for buy back.
Keep monitoring your positions as BTC is trading sideway.
The up trend is still strong and this is a good time to accumulate other position - pick the ones that are at the start of clear uptrend like GALA, FTM, NEAR, etc.
BTC need to break 37k to bring up the whole market
After previous break out BTC is looking to break another bull flag. However, this is time to lock some profit on altcoins though. In the past few days, we saw big drop in many altcoins. BTC dropped -1% but altcoin was -5% to -10%.
The next resistance for BTC is 39k.
CRYPTOCAP:BTC is reaching its big resistance at 39K before retrace and brought many altcoins crashing down, mostly 15-20% from their peak. This is good because every coin has to retrace at some point. It is time to increase some more positions.