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Btc_usdt

don't be a sheep! 68k within 45 days or down to 36k?friends, as you know i have been bullish since 40k buy opportunity and been aiming at 46.5k. Even in the days there has been a lot of doubts i hodled and knew after re-tests the price would push up. You know this market always goes the opposite of what the majority thinks. It is not yet time to be completely be bullish. We need one more dip before 50k otherwise the rally will be unhealthy. This dip may be around 45k-44k band. I cleaned up the chart a little because it was overwhelming for some people. The main take away here is that we are going up another leg if the price can stay above the bottom red line it has broken and this will take us to around 68k within 45 days. IMPORTANT There will be dips on the way! if it can't hold the main trend, it will re-test green and the purple! Pay attention to the RSI trend, the yellow line, if this break we may go back down! Be careful, patient and use a stop-loss! Protect your wealth! NFA.
by eatesgural
The beautiful dip and fun times ahead!That was a beautiful dip that tested down to 40k gradually and holding above my purple line which is the downtrend that began in 14th of August. This downtrend line has been successully tested 3-4 times within a month. I hope you were able to use this dip as a buy opportunity. Fun times ahead for those who are patient! We will hopefully see it break 44k soonish and then going 46.5k touching back to the main uptrend's bottom red line and seeing some resistance. Remember to take profit on your way up and use a stop-loss! NFA.
by eatesgural
Yet another buy opportunity or is it too early?Relatively high volume candle is here as i mentioned earlier. We are below my 40.17 rsi line but above 30 which is a sign that we can still go up but there will be resistance. This dip can be used as a buy opportunity however it is too early to say the downtrend is over and to be completely positive. I know i have been bearish for days but you can see why. Remember the first rule in the market is to not lose money! If you have to enter here, consider taking profit at even as low as 47k and then you can consider buying back potential re-test. More importantly, keep in mind that 44k re-test might be on its way. In case of a quick trend reversal 46k-46.5k should be our first resistance at which we should also be approximately at my 40.17 rsi line. This is a time to be really careful and protect your wealth. Patience and stop-loss! NFA.
by eatesgural
what now?I am receiving a lot of requests for new analysis after previous ones have been accurate. However, the market is more or less the same as a day or two ago. Do not be fooled by every green candle you see and always pay attention to the volume. There is a possibility for a breakout which will get us to 50k but i can't suggest anyone to buy now. For me now is a time to take profits at resistance. New entry points or buy opportunities will be when a deeper re-test to 46.5k - 46k support is successful when we breakout with strong volume or the re-test of the breakout. Remember to always be patient and use a stop-loss.
by eatesgural