BTC - Long to neutral

28 de jul. de 2024

BTC - I'm bullish to 71K - 71,100 area with possibility of going much higher. MACD showing some buyers coming in. Peaked a few days ago on fear/greed index so I'll be looking for 62k to 63k for possible new entries into BTC. My preference is to buy when we are closer to peak fear than greed, but you know BTC...sometimes the animal spirits pop up and sustain greed levels while it still rises. I'll be watching the daily and weekly levels - but overall we need to maintain above 68k for what I consider truly bullish structure. Otherwise...we can go sideways for quite a bit in the overall BTC cycle, and there's always a looming threat of momentum dropping out on the Stochastic RSI (not charted) on longer weekly and monthly timeframes.

30 de jul. de 2024

Ordem cancelada

I'm flipping bearish for the time being on this one, until we clear the double top area. Target 63k to 64K