Sunday Squeeze
Hi Cryptoheads,
Just a bit of fun here to share some thoughts, and ideas.
As the chart displays, we can clearly see ATH and support levels.
It´s important to remember that the 3k price zone is not a support area, (neither was it a resistance area on the way up) but an important psychological area.
It may turn into support/resistance later, but at time of writing it´s purely a nice round psychological number that happens to be 3k, which by the way is an amazing feat for Bitcoin, right! Round of applause for Bitcoin.
I would like to reach out to those who might have missed the boat on buying Bitcoin before this mega bull move.
Don´t panic buy, and keep FOMO under control. This area is very close to ATH and can be risky.
Remember profitable traders don´t buy at the top.
Wait for a clearer signal to buy in.
This could go megabull and next weekend we could be talking about $4, but remember we ARE going to see Bitcoin at sub 3k prices again, that´s a pretty sure thing, the question is when???
Summary:
Don´t panic buy now, instead wait for a clear signal to buy if and when we break ATH.
There is no proven support above 3K, so if this breaks buying opportunities sub 3k will arise again.
Safe and profitable trading.
Ps. This could take a while to become clear, so sit tight and be patient.
Just a bit of fun here to share some thoughts, and ideas.
As the chart displays, we can clearly see ATH and support levels.
It´s important to remember that the 3k price zone is not a support area, (neither was it a resistance area on the way up) but an important psychological area.
It may turn into support/resistance later, but at time of writing it´s purely a nice round psychological number that happens to be 3k, which by the way is an amazing feat for Bitcoin, right! Round of applause for Bitcoin.
I would like to reach out to those who might have missed the boat on buying Bitcoin before this mega bull move.
Don´t panic buy, and keep FOMO under control. This area is very close to ATH and can be risky.
Remember profitable traders don´t buy at the top.
Wait for a clearer signal to buy in.
This could go megabull and next weekend we could be talking about $4, but remember we ARE going to see Bitcoin at sub 3k prices again, that´s a pretty sure thing, the question is when???
Summary:
Don´t panic buy now, instead wait for a clear signal to buy if and when we break ATH.
There is no proven support above 3K, so if this breaks buying opportunities sub 3k will arise again.
Safe and profitable trading.
Ps. This could take a while to become clear, so sit tight and be patient.
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