BTC/USD Secondary trend (part) "Not eco-friendly" + "Dragon +4"

Updated

"Dragon" with 4 actors returns to earth. It was the longest-running manned space flight for an American spacecraft. As always, nothing new.

I hope you listened to me, and not "Santa Claus in a mask, who leads a round dance of rabbits."

Number 19 is a special number .... One of the 44 local cycles ends. The graph showed who is attentive. The cycles themselves are not shown (they are somewhat superimposed on each other) are not shown. Learn to think for yourself, I give a lot of advice.

When you need to pour money again, it will become "environmentally friendly". Let me remind you that the "Green Swan" conference will be held on June 4-6 (speakers are above the state level, but occupy high places in their states).

We sell when everything calms down ecological "coins" at high prices - not environmentally friendly, we buy, but only after "leveling the price movement on the chart". I wish you all intelligence and understanding.

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the decline continues. In the near future, a series of events (improvisation with real embodiment) will take place in the world under which there will be a massive FUD that will give great volatility in this market.
As stated earlier, entry on a breakout of a local downtrend (red) or retracement after a breakout upon confirmation of a local reversal (safer). An even more rational and safe entry when leveling out the price movement after stopping the decline with clear interest from buyers. "Catch the bottom and the highs" leave the "hamsters" and those who play in the "casino". While there is a decrease in BTC and the "transfer of money" is going on, the alts are similarly pouring in. If you pay attention to large purchases in the market, you will see that there is a very strong interest in some.

As long as BTC is going down and FUD is going on, the "alt market" will not recover, only some exceptions that are used as a hedge or for which there will be a massive positive "FUD". Therefore, think about what to buy and when and for what part of "free money". Do not play with margin (no stops), strong volatility will kill you out of the blue.

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24 on such a significant day there was a breakdown of the local downtrend (red). At the moment, a local triangular formation is being formed. For 3 days, the price has been clamped above the trend line in a narrow corridor. "Uncertainty" is being instilled.

If a breakdown of this formation (red resistance line) occurs, then I schematically depicted potential price movements that are possible depending on the reaction of market participants to important local support / resistance zones and from them the direction of the local trend. This probability is no more. Do not forget that the overwhelming number of altkins follows BTC (why I described it earlier).

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A symmetrical triangle has formed. There is a breakdown of its resistance zone. Be aware of the likelihood of false breakouts. The base of the triangle from the 44% squeeze. Think about how it would be more rational for you, according to your trading strategy, to enter on a confident breakout (on volume), or on a pullback after a breakout and confirmation of a reversal. Local goals on the chart. The main resistance zone is the intersection of the secondary trend lines and the 58440-60000 zone.

If there is a false breakout and after a rollback the price continues to decline, then this symmetrical triangle will act as a "canvas" of the descending pennant. All drops of "drop 19" are the target of the formation's flagpole. Target zones are similar on the chart. Remember the NFT hype ahead

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Trade situation and local work on the cryptocurrency brand. Tomorrow 10 06 2021

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Develop a trading situation now. 17 06 21 SEC decision to launch VanEck's first bitcoin ETF in the United States

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The price exactly reached the level of $ 33333

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The downtrend continues. The price moves into the horizontal channel zones. Important price levels, trend and potential reversal zones on the chart. It is important that the price does not go beyond the canal side-altars because there will be temporary sadness). Alts naturally follow BTC, because everyone is "afraid". This channel (lateral movement) is for instilling uncertainty in long / shortists. An imprint of their uncertainty is squeezing (taking out stops).

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from the level of 30181 the price made + 18.1% now a rollback to the zone of the broken local downtrend. Local price levels on the chart. The price is still sideways.

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exactly level 30181

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+ 20% in a small trend from the exact reversal level of $ 30181. A small local trend is developing. Channel work. Significant areas of levels and trends on the chart.

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SpartaBTC

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