suwitcha

suwitcha

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.

suwitcha

Some may present a second opportunity to buy if you miss the break out above EMA200. Anyway, not hurt to enter a small amount and keep in the watch list to buy on pull back to EMA200.

suwitcha

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.

suwitcha

Breaking out the flag rather late - but this gives a second shot to people that misses the bull run of other coin recently.

suwitcha

BTC is very high in term of indicators, consecutive oversold and MACD TF H4. Not surprise if it will be sideway for some time.

suwitcha

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!!!

suwitcha

After listed in Binance, this meme is making correction instead of pumping in the first day. Now it is trying to break out of a flag.

suwitcha

AMEX:NEAR is consilidating at EMAs...solid break out is possible here.

suwitcha

Solid break out? Looks like it… follow buy is expected. CRYPTOCAP:ETH is leading the market at this moment.

suwitcha

The break out will conitue the huge upside to 39k+

suwitcha

The weak point of technical analysis is the news that may cause unexpected price movement. However, CRYPTOCAP:BTC is now at its strong support. If no position yet, this is the time to accumulate some.

suwitcha

Trending sideway for 12 days since 9 Nov. Now needs to make new high and go to next resistance 39k. Otherwise not good for altcoins.

suwitcha

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

suwitcha

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.

suwitcha

Looking good for break out the bull flag. Need a break out candle to follow buy, otherwise buy on dip at EMA200 H4.

suwitcha

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

suwitcha

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.

suwitcha

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.