Bitcoin - Indicators have Cooled Down
Bitcoin Quick Analysis
There was a panic in the market yesterday related to the USDC. Yes, very big banks went bankrupt, it's understandable. But looking at the chart, all the noise that was connected with USDC looks like another manipulation. Do not forget that the markets are ruled by the emotions of fear and greed.
Indicators have cooled down, which is good, RSI is out of oversold area, usually it is a strong reversal signal, I am not surprised that it will be a turning point for the price and in some time Bitcoin will continue its movement to the levels of $28 - $32k.
Perhaps today there will be new buy signals from my trading indicators.
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
There was a panic in the market yesterday related to the USDC. Yes, very big banks went bankrupt, it's understandable. But looking at the chart, all the noise that was connected with USDC looks like another manipulation. Do not forget that the markets are ruled by the emotions of fear and greed.
Indicators have cooled down, which is good, RSI is out of oversold area, usually it is a strong reversal signal, I am not surprised that it will be a turning point for the price and in some time Bitcoin will continue its movement to the levels of $28 - $32k.
Perhaps today there will be new buy signals from my trading indicators.
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
Trade closed: target reached:
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