Bullish engulfing in an uptrend context. Low-risk but still, be careful. Don’t YOLO it, but with no more than 5% of your trading money. Purple line is a stop-loss, green is a buy-order. Target at 56500-57000. Stay tuned for updates! Like and subscribe for more content in the future! And don’t forget to check out my profile!
Analysis Bitcoin continues to slow down. It made a new maximum at ~65k which is really underwhelming considering it was the second attempt to gain some steam after a strong pullback. Even worse, it also made a new minimum which is lower that the previous one. Bitcoin looks very weak. Indicators also show the same dynamic confirming my price analysis. What to...