Hi guys,
I don't post often so wanted to give an update on why I think we are not going much lower on BTC.
1. We have broken out of my descending trend-line (Everybody draws it as they want, for some it as not been broken yet, MINE has)...
2. The price has already tested my yellow dotted descending trend-line and found support there...
3. The William's %R indicator is in Oversold territory, could stay there for a little while, but will eventually come back up...
4. Big news on Crypto and BTC in accumulation phase.
5. As time goes by we are slowly but surely approaching the upward Lime Green Genesis trend-line where BTC as bounce off exponentially.
Conclusion:
It's the time to DollarCostAverage and build your position, each move down is an opportunity to acquire more Satoshis!
Happy investing to all that are Bullish! For the Bears out there the next few sales going to be the last.
I don't post often so wanted to give an update on why I think we are not going much lower on BTC.
1. We have broken out of my descending trend-line (Everybody draws it as they want, for some it as not been broken yet, MINE has)...
2. The price has already tested my yellow dotted descending trend-line and found support there...
3. The William's %R indicator is in Oversold territory, could stay there for a little while, but will eventually come back up...
4. Big news on Crypto and BTC in accumulation phase.
5. As time goes by we are slowly but surely approaching the upward Lime Green Genesis trend-line where BTC as bounce off exponentially.
Conclusion:
It's the time to DollarCostAverage and build your position, each move down is an opportunity to acquire more Satoshis!
Happy investing to all that are Bullish! For the Bears out there the next few sales going to be the last.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.