Hello my fellow Traders.
I'll keep this very short.
W're jut retracing after a healthy move. Nothing to worry so far.
I believe these are opportunities to buy BTC. The green zone is were I am keeping my eyes to add more with cash.. I always say this .. LOOK AT THE LONG PICTURE, If you see the weekly chart we're out of the falling wedge and retesting. Nothing to worry yet.
MACD looks bearish and RSI Falling as well. After this dip I believe we can have a bounce from the 50 D MA. Since we were unable to close above 200D MA. Besides I see the 50D MA approaching towards the 200D MA which means we might have a Golden cross soon. :)
In short BTC is bearish in the short run but still Bullish in the long run. The weekly candle close will be interesting to watch.
Saying it again, look at the long picture.
Stay tuned for more updates.
Shoot a like if you think it's going in the right direction.
#Peace
I'll keep this very short.
W're jut retracing after a healthy move. Nothing to worry so far.
I believe these are opportunities to buy BTC. The green zone is were I am keeping my eyes to add more with cash.. I always say this .. LOOK AT THE LONG PICTURE, If you see the weekly chart we're out of the falling wedge and retesting. Nothing to worry yet.
MACD looks bearish and RSI Falling as well. After this dip I believe we can have a bounce from the 50 D MA. Since we were unable to close above 200D MA. Besides I see the 50D MA approaching towards the 200D MA which means we might have a Golden cross soon. :)
In short BTC is bearish in the short run but still Bullish in the long run. The weekly candle close will be interesting to watch.
Saying it again, look at the long picture.
Stay tuned for more updates.
Shoot a like if you think it's going in the right direction.
#Peace
Free Telegram Daily Futures signals:- telegram.me/thecryptorphic
Join My ELITE CLUB:- bit.ly/Join_elite
Join My ELITE CLUB:- bit.ly/Join_elite
