Bitcoin Thoughts And Analysis
Updated
I will try to do a weekly review.
◾️At the moment, we are looking at a weekly close below the 200MA. Although all week we traded higher. Let's look at it on Monday and draw some conclusions.
◾️At the moment, we are looking at a weekly close below the 200MA. Although all week we traded higher. Let's look at it on Monday and draw some conclusions.
Note
If we switch to the daily chart, we see a fixation at 200MA.Note
Technical side:◾️We have a LOCAL countertrend line that has been holding the downtrend for a long time. Technically, we should test the countertrend line on the reverse side. The level is in the range of $20.000
Note
Globally, we tested the 0.2 Fibonacci resistance - the fall correction. Only at the close of the 4h candle above 24.500 is it possible to go long to the next level of $26.000.Note
Technical side:◾️#BTC
At the moment, I see only one deal, I don’t want to enter from the current ones.
◾️Set orders: 21800 / 21700 / 21555 / 20900.
◾️Stop loss: 19900
◾️Take profit: 26400
Up to 20% deposit per trade.
Note
News background!◾️The news about Tesla that came out, bullish or bearish?
◾️It is logical that everyone will short this news, right?
▪️What does MarketMaker do? drags the price down (well, of course, it liquidates belated longs, + drives shortists into a trap for the news?
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