BTC is at a crucial resistance zone if it breaks it then we will see a rally and if it fails then all will go down trapping all the longs.
Buy in the consolidation zone and hold till year end.
Bearish pennant and nothing to back up the growth. Time to open another short.
A small move to clouds and then back to shithole. crypto is dead for now and so are all its superstar.
green lines are the target and red is stoploss. its been consolidating for long time and should breakout soon
wait for the breakout to enter the trade.
I EXPECT IT TO BREAKOUT WITHIN A DAY.
Potential of an ugly head and shoulder taking shape if btc fails to break 7200/7250.
I PRESUME THAT ETF WILL NOT BE APPROVED AND SOMETIME IN COMING 4-6 MONTHS BTC WILL FINALLY DISCOVER ITS REALISTIC VALUE. IF A ASSET CAN BE MANIPULATED BY ONE EXCHANGE GOING DOWN FOR 2 HOURS IT REALLY DOESN'T DESERVES TO BE CALLED AN ASSET!
For now zil is quite bearish and unless something fundamentally doesn't change it is going down
small spikes in between but there is no respite in the pain in near furure.
NE IT IS ABLE TO DEFEND ITS FORT AT 166 LEVEL IT WILL START ITS NEXT MOVE TO AREA MARKED IN GREEN OTHERWISE IT WILL TEST THE LOWER LEVELS MARKED IN RED.
WAIT FOR IT TO TEST BLUE LINE BEFORE OPENING A POSITION. DO YOUR OWN RESEARCH BEFORE INVESTING. YOU CAN JOIN MY T CHANL CRYPTOBULLS
I WILL CLOSE MY LONGS CLOSE TO AREA MARKED AS RESISTANCE ZONE AND WILL WAIT TO SEE FOR MY NEXT ACTION.