This is a follow up to my previous idea, while the market is looking strong right now we have to remain aware that traders will keep taking proffit.
For the next few weeks we could range between support and resistance.
The swing could go as high as $32K and as low as $18.5K
For the remainder of the year we will definitely be going up ... but we will only be going up slowly so the min-pumps we are observing now will quickly be brought down by traders taking proffit.
We can see the light at the end of the tunnel, but it is too soon to claim that it is over.
So you need to #dca for the next couple of weeks as it is your best chance of positioning yourself well in this market.
For the next few weeks we could range between support and resistance.
The swing could go as high as $32K and as low as $18.5K
For the remainder of the year we will definitely be going up ... but we will only be going up slowly so the min-pumps we are observing now will quickly be brought down by traders taking proffit.
We can see the light at the end of the tunnel, but it is too soon to claim that it is over.
So you need to #dca for the next couple of weeks as it is your best chance of positioning yourself well in this market.
Nota
The move happened just as expected, we are well on target to $32K and we should be able take some profit then.Some important data results this week. Bad results could cause a pull back to $28K or even $FWB:25K
But, if the results are as expected then we should continue toward $32K
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.