BTC - Trade Idea.
Elon Musk said in his tweet, “Cryptocurrency is a good idea on many levels, and we believe it has a promising future, but this cannot come at great cost of the environment.” The company was looking at other cryptocurrencies, he said, that consume less energy. Then It went onto saying further they won't be accepting BTC on purchasing Tesla cars as they are more interested in DOGE.
In reality aren't all crypto's bad for the environment? In cryptocurrencies right now, I think there is still retail driven currencies like Doge which the project doesn't really make any sense. However there are various alt-coins out there that have great intentions behind them.
On my week ahead newsletter, various stocks were analysed - one being Tesla. If you're interested message privately a link will be sent to you.
Technical:
BTC is looking venerable, we are a key support area any further dip below 46/45K areas bears may gain further control to 200 EMA areas 40-36K areas and resistance 50 EMA areas.
Pattern wise: H&S
Key Tip: Research the crypto's you want to invest in, don't get into the trap of 'GET RICH QUICK' mindset...
Trade Journal
(Trade idea, not a recommendation)
Elon Musk said in his tweet, “Cryptocurrency is a good idea on many levels, and we believe it has a promising future, but this cannot come at great cost of the environment.” The company was looking at other cryptocurrencies, he said, that consume less energy. Then It went onto saying further they won't be accepting BTC on purchasing Tesla cars as they are more interested in DOGE.
In reality aren't all crypto's bad for the environment? In cryptocurrencies right now, I think there is still retail driven currencies like Doge which the project doesn't really make any sense. However there are various alt-coins out there that have great intentions behind them.
On my week ahead newsletter, various stocks were analysed - one being Tesla. If you're interested message privately a link will be sent to you.
Technical:
BTC is looking venerable, we are a key support area any further dip below 46/45K areas bears may gain further control to 200 EMA areas 40-36K areas and resistance 50 EMA areas.
Pattern wise: H&S
Key Tip: Research the crypto's you want to invest in, don't get into the trap of 'GET RICH QUICK' mindset...
Trade Journal
(Trade idea, not a recommendation)
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*ELON MUSK DOESN’T DENY THAT TESLA SOLD ALL THEIR #BITCOIN HOLDINGS
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MUSK SAYS TESLA HAS NOT SOLD ANY BITCOIN...Probably buying dips haha, trade what you see now what you think.
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Went to the Exact second area - marked in Grey, support areas! :)