Good Day LOVE... And it is...
(Note: This is the analysis that I shared before Bitcoins breakout)
Hit LIKE and we start with some phrases coming out of the money people in this reality... And these people have lots of money; let's see what they have to say to newcomers like us (crypto-traders):
"Bull markets are born on pessimism, grow on skepticism, mature on...
KEEP EYE ON BITCOIN
THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PURPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
ENJOY SOME PROFITS
MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE
THANKS A LOT
WISE YOU SUCCESS
Should I declare the official end of the bear market? and the beginning of the accumulation phase to the moon.
This is the chart of BTCUSD Weekly RSI. The RSI has completed its cycle up and down. And now its time for Bitcoin to move upwards.
Merry Christmas & prosperity to yll
*Not an investment advice.
SEE YOU ON THE MOOOOOOOOOON
BTC is having a support line at $3800. Once this support is broken and if we get a confirmation below $3790, get ready to short bitcoin. The risk-to-reward ratio is pretty good.
*This info is not an investment advice.
We already have trended down significantly for a couple of days now.
Price getting reverted to 200 MA on '4hr' time frame is likely before going down again to test 200 'weekly' MA.
Long entry on Bitmex (XBTUSD) : 3270-3380
Target 1 : 3700-3800
Target 2 :4100-4200
Target 3 optional : 200 MA on 4 hr timeframe