MAJOR RESISTANCE IS NOW SUPPORT - BTC IS RELENTLESS !

30 dic 2020

Looks like 30K isn't too far away after all !

Major confirmation took place at $27,000 last night when 2H MACD crossed to upside after forming bullish divergence. Buckle up - the real FOMO pumps may just be starting as BTC smashes the Weekly and Daily bearish divergence signal everyone including myself has been warning about and trying to hedge against.

3 ene 2021

Nota

The pump definitely exceeded expectations. Market sold my position at $33,300 this morning. Laddering buys starting from $30,700 to $30,000 hoping to catch the 4H 50EMA retracement. However, if further upside is confirmed on 1H candles through the confirmation of a bullish divergence, I will be buying back in hopefully below my exit price. Without confirmation, I will expect this daily candle to form a major bearish signal as it will have less volume than yesterday, double wick, and if it doesn't close above $33,350 that will mean the body of today's candle wouldn't cover yesterday's wick - would paint an overall bearish sign signaling BTC to pull back on daily timeframe.