During the dump -
- broke the uptrend line from last year.
- made a lower low on the weekly.
- will likely break the monthly 21 EMA once the monthly closes.
- Close below weekly 200 SMA.
- Broke the .618 fib levels.
If you are long term believer of btc, now is the time to dollar cost average to long term holdings.
Don't try and catch the bottom, cuz you will likely fail. Don't use high leverage when trading this - books are thin, and risk is high as well. All the beest everyone the winter is far from over!
- broke the uptrend line from last year.
- made a lower low on the weekly.
- will likely break the monthly 21 EMA once the monthly closes.
- Close below weekly 200 SMA.
- Broke the .618 fib levels.
If you are long term believer of btc, now is the time to dollar cost average to long term holdings.
Don't try and catch the bottom, cuz you will likely fail. Don't use high leverage when trading this - books are thin, and risk is high as well. All the beest everyone the winter is far from over!
Заметка
Also other reasons-correlation with spx500.
DXY going up.
USDCAD going up.
Corona virus.
So..yeah! Not looking very rosy atm.
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.