SUMMARY: Opportunity to increase ones' stack, several weeks of re-accumulation
We had a period of distribution for several months and a sharp sell off, driven by institutional volume.
-- Technical --
I have added in support and resistance lines for what I believe the TR will be. Most strategy is explained in the chart.
-- Fundamentals --
A lot of FUD in the media, its seems to be co-ordinated. I am still super bullish for BTC and crypto.
*Expect more pressure to be put on Alt coins in the coming weeks.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think, have I got it right? Let me know below.
We had a period of distribution for several months and a sharp sell off, driven by institutional volume.
-- Technical --
I have added in support and resistance lines for what I believe the TR will be. Most strategy is explained in the chart.
-- Fundamentals --
A lot of FUD in the media, its seems to be co-ordinated. I am still super bullish for BTC and crypto.
*Expect more pressure to be put on Alt coins in the coming weeks.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think, have I got it right? Let me know below.
