TheKing Still Bullish
Updated
- Despite the silvergate mini Fud, BTC still on his consolidation trend.
- this Fud just caused a faster mini retracement but it would have happened anyway.
- Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire.
- Whatever, at one point BTC will go his natural way. up!
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- For now look at the Graph :
-- BTC still evolving and bouncing on Tenkansen (Yellow Line)
-- Senkou Span is making a flat line around 32k ( Violin Line)
-- can notice a first support around 21.3K (Tenkan) ( Fibo 38.2% Retracement )
-- can notice a second support around 19.2K (trend) ( Fibo 61.8% Retracement ) (CME GAP 20.9k -19.9k)
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- imo not a time for trading for a long term investor, just watch.
- if you are a Scalper, that's fine, just use a tight SL.
- Any Fuds coming and any lower prices are fire buy at the good zones.
- i will comment this post with some older analysis so you will get the scheme more clearly.
Happy Tr4Ding !
- this Fud just caused a faster mini retracement but it would have happened anyway.
- Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire.
- Whatever, at one point BTC will go his natural way. up!
-----------------------------------------------------------------------------------------------------------------
- For now look at the Graph :
-- BTC still evolving and bouncing on Tenkansen (Yellow Line)
-- Senkou Span is making a flat line around 32k ( Violin Line)
-- can notice a first support around 21.3K (Tenkan) ( Fibo 38.2% Retracement )
-- can notice a second support around 19.2K (trend) ( Fibo 61.8% Retracement ) (CME GAP 20.9k -19.9k)
-----------------------------------------------------------------------------------------------------------------
- imo not a time for trading for a long term investor, just watch.
- if you are a Scalper, that's fine, just use a tight SL.
- Any Fuds coming and any lower prices are fire buy at the good zones.
- i will comment this post with some older analysis so you will get the scheme more clearly.
Happy Tr4Ding !
Note
CME GAP :Note
Older ICHI Monitoring :
Note
Fibonacci Moves :
Note
Simple Trick Bitcoin :
Note
Removing Noise to get Bottom :
Note
Long Term Strat :
Note
CME Gap closed.
Note
Update :Note
next here :
Trade closed: target reached
aged well.
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