#Bitcoin - thoughts out loud #19
Updated
Good evening, we are from Ukraine!
Dear colleagues, I am glad to welcome you!
Having familiarized myself with the market situation on the younger time frames, I can note several key points of the situation that need to be paid attention to. First of all, the current decline in volatility on the first cryptocurrency indicates that the "spring" is narrowing and should soon shoot. The false distribution phase is coming to an end, so I expect a successful spike test or the last point of resistance, as it happens, if one of the signals is present, this is a 90% long scenario and then we will see how easy it will be to stop this locomotive. Secondly, in the case of a true distribution, the price should break the local highs above 32000 and then we can safely talk about Bitcoin at 27000, possibly even cheaper.
This is a short action plan in a few words, thank you for your attention, all the best.
A like or a comment would be the best thank you from you. To those reading, I wish you all the best of luck!
Thank you for your attention, and a special thanks for your likes and comments.
Sometimes you win/sometimes you learn.
#Bitcoin
Dear colleagues, I am glad to welcome you!
Having familiarized myself with the market situation on the younger time frames, I can note several key points of the situation that need to be paid attention to. First of all, the current decline in volatility on the first cryptocurrency indicates that the "spring" is narrowing and should soon shoot. The false distribution phase is coming to an end, so I expect a successful spike test or the last point of resistance, as it happens, if one of the signals is present, this is a 90% long scenario and then we will see how easy it will be to stop this locomotive. Secondly, in the case of a true distribution, the price should break the local highs above 32000 and then we can safely talk about Bitcoin at 27000, possibly even cheaper.
This is a short action plan in a few words, thank you for your attention, all the best.
A like or a comment would be the best thank you from you. To those reading, I wish you all the best of luck!
Thank you for your attention, and a special thanks for your likes and comments.
Sometimes you win/sometimes you learn.
#Bitcoin
Trade active
There are no dramatic changes on the chart, in anticipation of an impulse movement. Think positive)Trade active
The chart shows the Last Point of Resistance (LPSY) signal.I expect the asset to rise above 32000.
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