BitcoinLong
angel0wnz's - BTC swing price analysis
I have not been active here in some time( not that anyone cares) but in order to keep my own wits I want to post my ideas so that I can follow my trades.
If you like the ideas you can do as you please with them but NOTE**: This is not financial advise, purely speculative.
Short term swing movement and momentum is up.
This is what I've been looking at:
Buys between: $48,XXX to $50,XXX
TP 1: $52,XXX-$53,XXX
TP 2: Feel the market. Anything above TP 1 and below TP 2,
TP 3: retest ATH around $57,XXX-$59,XXX
USE: For distribution. Credit to cryptodude999 (twitter.com/cryptodude999/status/1364334096864993282?s=20)
_____________ Retest of ATH 50% + (ideal)
\ / v
\ / v
\ / 30-40%
\ / ^
\ / ^
V $52,XXX-$53,XXX 10-30%
This is based on your own portfolio, what you have vested, what you can afford to lose.
I do not expect a break of ATH, rather a strong rejection back to current levels, possible wicks below current levels (48-50k wicks down to 44-46k) with STRONG BUYING.
Once this plays out I will continue to analyze the market further.
As for now, stay safe, do not let the bankers take your bitcoin, do not overleverage. Stay in the market for as long as possible with as much cash as you can so we can witness glory.
If you like the ideas you can do as you please with them but NOTE**: This is not financial advise, purely speculative.
Short term swing movement and momentum is up.
This is what I've been looking at:
Buys between: $48,XXX to $50,XXX
TP 1: $52,XXX-$53,XXX
TP 2: Feel the market. Anything above TP 1 and below TP 2,
TP 3: retest ATH around $57,XXX-$59,XXX
USE: For distribution. Credit to cryptodude999 (twitter.com/cryptodude999/status/1364334096864993282?s=20)
_____________ Retest of ATH 50% + (ideal)
\ / v
\ / v
\ / 30-40%
\ / ^
\ / ^
V $52,XXX-$53,XXX 10-30%
This is based on your own portfolio, what you have vested, what you can afford to lose.
I do not expect a break of ATH, rather a strong rejection back to current levels, possible wicks below current levels (48-50k wicks down to 44-46k) with STRONG BUYING.
Once this plays out I will continue to analyze the market further.
As for now, stay safe, do not let the bankers take your bitcoin, do not overleverage. Stay in the market for as long as possible with as much cash as you can so we can witness glory.
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