At today's daily close we got new 3D, 7D/1W, 2W, 3W, 6W and 9W candles, so now's a great time to have a fresh look at the charts...
...and it all looks bullish long term for Bitcoin!
Leave your comments below if you agree, disagree or have questions.
As we come out of a tumultuous week for most markets, Bitcoin indicators are showing a lack of volatility and no real direction yet.
That's probably good for those who need sleep...
Not advice, only guesses.
ADA is a tough chart to read at the moment in the Near Term - seems to indicate sideways movement until we see a potential Fundamental news item have some effect? That really means the risk is to the upside, so for anyone wanting to invest or invest more into ADA, make sure you consider dollar cost average or simply take the plunge...
Well that's what I would say...
Analysis of the charts from 4D to 3H giving us an idea of what to expect from BTCUSD over the next couple of days.
This is not financial advice, merely the musings of a munted minstrel.
Range-bound price action is getting squeezed ever tighter. It looks to me that sometime in the next 1-3 days BTC will move.
Which way? Well, the dominant trend is upwards, in a bull market, so it would make sense to move up.
However, Market Makers know this, and they may wish to drive prices down first, either briefly on a Liquidation Hunt, or for an extended...
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Cardano seems to be moving sideways - where is it going next?
This Channel is for sharing what I learn as I learn it - if you're learning as well, join in and share your thoughts in the comments below.
Not Financial Advice, for I am merely a clown.
Phoenix Ascending and Bad Ass Bollinger Bands by @WyckoffMode
Come Learn With Me:
Join in with a little analysis of the recent move bouncing down from $50K
This Channel is for sharing what I learn as I learn it - if you're learning as well, join in and share your thoughts in the comments below.
Not Financial Advice, for I am merely a fool.
Phoenix Ascending and Bad Ass Bollinger Bands by @WyckoffMode
