Utilizing my strategy called Miami Beach from Yo_mrarroyo We are still under the 200 EMA And even with the Beautiful 4H candle from yesterday, I do think we’re headed back down For the moment. I know Trump has a lot going on right now with the Crypto space, But I just think that we’re in a time where investing is not about that he said she said, but waiting...
So I’ve been watching bitcoin on this crazy move that happened today we literally went up to about 100 K and instantly dropped back down to 95. There is a lot going on in the market, but it’s still fairly strong and the daily is above the EMA. What y’all think about this set up? Could it happen soon?
The recent market dump appears to be reaching a potential bottom, as evidenced by key technical signals and oversold conditions across multiple timeframes. Current price action suggests a strong possibility of a reversal, with $106,000 as a viable target in the coming weeks or months. Key Points Supporting the Reversal: Oversold Indicators: RSI and stochastic...
Bitcoin has recently demonstrated strong upward momentum, making a compelling case for further gains beyond the $110,000 mark. One of the critical technical factors supporting this projection is the trend-based Fibonacci retracement. The 0.618 Fibonacci retracement zone—a pivotal level in technical analysis—has been tested successfully during the current...