Bitcoin / TetherLong
Mock Up Price Action for BTC I'll Be Tracking | Mid Term
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Mock Up Price Action for BTC I'll Be Tracking | Mid Term
- Like with many coins I'm watching, CSPR for example, we've broken above and are resting right above the 500 day moving average
- I believe that we'll bounce from this point now turned dynamic support, and continue our run upwards in line with the fractal overlayed
- If whales can manipulate the price and get us past 32k area and then hold it above giving a false sense of security, I believe that at this point retail investors will take over and the FOMO hype train frenzy of buying will occur
- This to me will be the ultimate bull trap set up, and biggest play of the year to make.. And for my own strategy, I intend to be taking steep profits in anticipation of a cascading liquidation market crash type moment
- Like with many coins I'm watching, CSPR for example, we've broken above and are resting right above the 500 day moving average
- I believe that we'll bounce from this point now turned dynamic support, and continue our run upwards in line with the fractal overlayed
- If whales can manipulate the price and get us past 32k area and then hold it above giving a false sense of security, I believe that at this point retail investors will take over and the FOMO hype train frenzy of buying will occur
- This to me will be the ultimate bull trap set up, and biggest play of the year to make.. And for my own strategy, I intend to be taking steep profits in anticipation of a cascading liquidation market crash type moment
Uwaga
Here's the CSPR idea I recently posted.. Illustrating the same kind of 500 day moving average dynamic resistance turned support.
Uwaga
Closer up view of BTC on the 4Hr with areas of support I'm watchingUwaga
On the 2 HourBullish divergence
Growing Volume
Strong dynamic support area 500 day moving average
Uwaga
Wicked off of the 500 day nicelyVolume increasing
RSI turning around
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