BTCUSDT
מעודכן
Short term
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If we don't get back up in the triangle area things can get ugly -- test of 5K incoming soon.הערה
Feels like the bulls are no longer in control friends...A limited move up is only possible as short squeeze I think..
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A brave soul would buy @ 5222 which is 100MA on 4HThat could be profitable, but risky as the momentum is turning...
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The bears will be relentless once we see all red on TV for the day..We should not short but wait this out. We could see huge drops here
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As predicted - bounce off 5222. Will 100 MA act as support. Nope :(5K will be the next big test
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BTW: I was hoping we hold on 100MA at least for 4-5h. IF we thru it soon 5K will be lost todayהערה
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100MA on 4H. Once this breaks we go down to 5K in no timeהערה
This is what we could see going down..Will reach 3? Not sure, but I do believe we will kiss 2
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So, my advice is: patience. remove emotion and wait for better prices.Ignore the news - it is just a distraction.
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So, one maybe wondering how probably it is that 100MA holds on the 4H?And can we make money there?
YES. We can sit here for hours..and form a small channel between 50 and 100MAs
But it is much more probably that we test 5K sooner than later..
So, I would buy there, because I believe we will have a sizable bounce.
We will go down mid-term and see 4xxx.
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Look at the RSI. I believe we will go down and jump off of around 40.This is where you want to buy for long term. That shall be around 2-level on the price action.
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Last advice for the day.. Things will get ugly :) sooner or later... Remember to control your emotions and wait as the upside is very limited now..
This is a poker game..
When you start getting scared and start doubting the whole crypto -- buy with everything you got. You Do Buy when the fear paralyses everybody..
But not you, because you're ready..
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20 MA is Very powerful support and resistance . It doesn't help us now... Do not think we're going up until we close above it..
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This just formed
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