BTCUSDT : Short term expectation
HI guys,
For now, im a not so bullish on any crypto. I expect a simple retracement on the short term.
There is a lot of emotion right now on the market making a ton of volatility.
Right now, these are my 2 option :
But i tend to prepare more for a bearish out come than a bullish out come. There is too much inherent risk for me to buy rigth now. looking to play on the support. daily chart show bearish crossover yes but its so high on the positive spectrum that we cannot complete get out of a bullish strategy/outcome. If this is a bullish flag then maybe 60k would be a target but its too soon to call any target. A bearish target would be in the 20k ish, just draw support line nothing magic here. :
This is the emotion chart just for your fun, looking a lot like BTC chart right now lol but dont use a reference for projection, just to understand market sentiment
ibb.co/K2HtZdG
things are getting way to much like 2017 but we cant fully use past to project futur. lots of indicator are flashing me to be carefully :
greed is very high :
alternative.me/crypt...ear-and-greed-index/
For now, im a not so bullish on any crypto. I expect a simple retracement on the short term.
There is a lot of emotion right now on the market making a ton of volatility.
Right now, these are my 2 option :
But i tend to prepare more for a bearish out come than a bullish out come. There is too much inherent risk for me to buy rigth now. looking to play on the support. daily chart show bearish crossover yes but its so high on the positive spectrum that we cannot complete get out of a bullish strategy/outcome. If this is a bullish flag then maybe 60k would be a target but its too soon to call any target. A bearish target would be in the 20k ish, just draw support line nothing magic here. :
This is the emotion chart just for your fun, looking a lot like BTC chart right now lol but dont use a reference for projection, just to understand market sentiment
ibb.co/K2HtZdG
things are getting way to much like 2017 but we cant fully use past to project futur. lots of indicator are flashing me to be carefully :
greed is very high :
alternative.me/crypt...ear-and-greed-index/
Trade fechado: objetivo atingido:
short erm target reached
