Hey guys! Wishing everybody well as always! Before I start if you'd like to give a like and follow it'd be much appreciated, thank you.
🔥Anyway whales have managed to propel Bitcoin up once again and absolutely sent it up through that $23,300 resistance with those big buy orders and that's nearly brought us to $24,200 before we we're hit with some sell orders that seem to have been sitting there by our HTF indicators.
🔥For now what you'll want to watch will basically just be those EMA's as I always say, right now we just want to hold that red EMA which is our 20 and should we come down to that $23,000 mark again we'll want to see some form of support kick in at least though admittedly we've made it up to this point rather impulsively. Personally I'm pretty surprised by just how quick and how much support whales have thrown at everything this week but considering how the market jumped based on the Fed's move and the expectancy that rate hikes will slow or at least lower in the coming quarter has definitely helped.
🔥It seems like one of those, take any news and just take it as a positive moments as we've seen time and time before. Also technically right now we're a bit lower in this peak than the previous one but the fact that we're up here alone and this close kind of pushes that matter aside though want you guys to still keep that in mind. You guys saw how the last mountain came up real quick and was sent down just as quick, I told you guys about that and forewarned it, now will the same happen here? Who knows. But this week has been absolutely wild with support seemingly always coming out of nowhere only to then get sold a bit later by the very same people that bought in so things are getting tough to try and figure. But that's why we are here with these indicators for you as well as those EMA's which I keep saying you should watch in the very least if you want any real time indication!
Gonna leave the idea here for now but that's that, just keep a watchful eye and be mindful of everything. Thank you and if you'd like to leave a like and follow it'd be much appreciated.
~ Rock '
🔥Anyway whales have managed to propel Bitcoin up once again and absolutely sent it up through that $23,300 resistance with those big buy orders and that's nearly brought us to $24,200 before we we're hit with some sell orders that seem to have been sitting there by our HTF indicators.
🔥For now what you'll want to watch will basically just be those EMA's as I always say, right now we just want to hold that red EMA which is our 20 and should we come down to that $23,000 mark again we'll want to see some form of support kick in at least though admittedly we've made it up to this point rather impulsively. Personally I'm pretty surprised by just how quick and how much support whales have thrown at everything this week but considering how the market jumped based on the Fed's move and the expectancy that rate hikes will slow or at least lower in the coming quarter has definitely helped.
🔥It seems like one of those, take any news and just take it as a positive moments as we've seen time and time before. Also technically right now we're a bit lower in this peak than the previous one but the fact that we're up here alone and this close kind of pushes that matter aside though want you guys to still keep that in mind. You guys saw how the last mountain came up real quick and was sent down just as quick, I told you guys about that and forewarned it, now will the same happen here? Who knows. But this week has been absolutely wild with support seemingly always coming out of nowhere only to then get sold a bit later by the very same people that bought in so things are getting tough to try and figure. But that's why we are here with these indicators for you as well as those EMA's which I keep saying you should watch in the very least if you want any real time indication!
Gonna leave the idea here for now but that's that, just keep a watchful eye and be mindful of everything. Thank you and if you'd like to leave a like and follow it'd be much appreciated.
~ Rock '
