welcome to our latest Bitcoin idea. The Bitcoin price moved since middle of May in the range from 30K to 40K and the market volume is descending since middle of May. We expect some bigger Volume incoming in the next days and this will be most probably sell volume. Market closed in the last weeks always above the 50D EMA but it seems like this week will be the final sell signal week. A close under the 50D EMA is imminent. The target for the following down move after weekly close is between 25K - 26K. This will give us a nice buy opportunity.
Always remember: buy the panic and sell the euphoria ;) this is a nice tool to measure the panic / fear --> alternative.me/crypto/fear-and-greed-index/ (buy after a big dip if the market reach 10-15 on the index)
Feel free to leave a comment or to share your ideas in the comments section Please hit the like button if you share or like this idea. Follow us and stay up to date/ don't miss new ideas Thanks for your support!
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.