Finished my project, so now I have bit more time to study the markets. Looking back over the past couple week, #BTC has left our triangle south, MACD doesn't give us any signals right now. sure we see a slight convergence, but no clear signal yet.
Right now, we reach a crossroad, 6100 then 5800 are the lower supports, if they break, a wider correction with target 5000-5100$ should be the result.
As long as we wouldn't see a stable market above 6600, I stay bearish.
You guys know me, I don't draw arrows in charts normally, but some traders and #coinvestors are no in for my poetry, they wanna know what I think I see, cause they always looking for inspiration to build up there own strategy.
The #coinvestorarmy is able to throw another loan in crypto for longterm hodl and admire the bitcoin bargain and stockpile some more coin via weekly/montly cost average.
Right now, we reach a crossroad, 6100 then 5800 are the lower supports, if they break, a wider correction with target 5000-5100$ should be the result.
As long as we wouldn't see a stable market above 6600, I stay bearish.
You guys know me, I don't draw arrows in charts normally, but some traders and #coinvestors are no in for my poetry, they wanna know what I think I see, cause they always looking for inspiration to build up there own strategy.
The #coinvestorarmy is able to throw another loan in crypto for longterm hodl and admire the bitcoin bargain and stockpile some more coin via weekly/montly cost average.
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sometime, things just take a bit longer