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BITCOIN - Great opportunity
! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.
Bitcoin has broken important trendlines and it is now testing lower supports. When everybody starts to panic sell, opportunities to buy the dip and go long appear.
44-47k is a strong area of confluences:
.382 SpeedFan + 618 fib + yearly Vwap + weekly level + 21 Weekly EMA
I am expecting this zone to hold and big pockets to join in. If my expectation fails, then we might see much lower prices and a long term correction
ps: Here is the counter-argument to the bullish narrative: Legacy Markets reacted pretty badly to the news.
#btc # bitcoin #technicalanalysis #chart # trading #idea
Bitcoin has broken important trendlines and it is now testing lower supports. When everybody starts to panic sell, opportunities to buy the dip and go long appear.
44-47k is a strong area of confluences:
.382 SpeedFan + 618 fib + yearly Vwap + weekly level + 21 Weekly EMA
I am expecting this zone to hold and big pockets to join in. If my expectation fails, then we might see much lower prices and a long term correction
ps: Here is the counter-argument to the bullish narrative: Legacy Markets reacted pretty badly to the news.
#btc # bitcoin #technicalanalysis #chart # trading #idea
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