BitcoinLong
Bitcoin update - 26K incoming - buy the dip!
Dear traders and followers,
welcome to our latest Bitcoin idea.
The Bitcoin price moved since middle of May in the range from 30K to 40K and the market volume is descending since middle of May.
We expect some bigger Volume incoming in the next days and this will be most probably sell volume. Market closed in the last weeks always above the
50D EMA but it seems like this week will be the final sell signal week. A close under the 50D EMA is imminent. The target for the following down move
after weekly close is between 25K - 26K. This will give us a nice buy opportunity.
Always remember: buy the panic and sell the euphoria ;)
this is a nice tool to measure the panic / fear --> alternative.me/crypto/fear-and-greed-index/ (buy after a big dip if the market reach 10-15 on the index)
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support!
welcome to our latest Bitcoin idea.
The Bitcoin price moved since middle of May in the range from 30K to 40K and the market volume is descending since middle of May.
We expect some bigger Volume incoming in the next days and this will be most probably sell volume. Market closed in the last weeks always above the
50D EMA but it seems like this week will be the final sell signal week. A close under the 50D EMA is imminent. The target for the following down move
after weekly close is between 25K - 26K. This will give us a nice buy opportunity.
Always remember: buy the panic and sell the euphoria ;)
this is a nice tool to measure the panic / fear --> alternative.me/crypto/fear-and-greed-index/ (buy after a big dip if the market reach 10-15 on the index)
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support!
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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