8888
#Bitcoin - thoughts out loud #8Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
If it's longs, then maybe so, because the demand test can be considered complete, and a supply test is needed before moving up.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
P.S.
...Think positive)
#Bitcoin - thoughts out loud #17Good evening, we are from Ukraine!
Dear colleagues, I am glad to welcome you!
After the weekend, a clearer situation has been formed for our own understanding, which indicates that locally the price of the first cryptocurrency should stay above 28680, in other words, a false breakout of the lows and an additional test of floating propriety to squeeze weak hands out of the market. The target is 28680-28700, the support range from which we can see the resumption of the upward movement.
In the absence of professional buyer activity, the asset is expected to depreciate to certain price levels.
Sometimes you win/sometimes you learn.
#Bitcoin
#Bitcoin - thoughts out loud #11Good evening, we are from Ukraine!
The current situation has several options. Market participants should expect both a long scenario and a price decline (in my opinion, this is more realistic) to test the supply with a subsequent markup of the asset. That is, the price has been in the range of 29500-31500 for 16 days, and next week will confirm whether it is accumulation or distribution. In any case, professional operators will arrange an artificial price reduction for the hike upwards (3 percentage points are marked on the chart). The instrument should show strength in price:
1)28700 - 28800.
2)26700 - 26800.
3)20700 - 20800.
If there is no activity of professional operators at these prices, it is possible that the price will fall even lower.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin