BTC buying range

14 thg 6, 2022

Around 20K is the buying range. The problem is we are on the verge of a global recession and crypto markets have not yet experienced such, so uncertainty is high.

Crypto markets are following the traditional markets for now, but the aversion for risk leading to the current outflow might be overcome by the distrust in the current monetary system during a recession.

14 thg 6, 2022

Ghi chú

15 thg 6, 2022

Ghi chú

the high is not date specific, it's just a visualization that it might accumulate on the trend line before another bull market.

My target here is starting DCA on the target.

28 thg 6, 2022

Ghi chú

There it is and I'm buying twice a week now, even if it keeps going lower.

14 thg 7, 2022

Ghi chú

Bought some nice bags under 20K, as expected the red line became a good support.

If we loose it, I will hold DCA and resume it at 12K, but I'm not betting on it like I was for 19K.

21 thg 7, 2022

Ghi chú

Nice bounce at the support line, now lets see if it hold.

22 thg 7, 2022

Ghi chú

Trend line hammering both attempts of brake trough.

28 thg 7, 2022

Ghi chú

And there we go, again red line region showed strength. This time we broke the macro down trend, and we are currently testing the sideways channel.

8 thg 8, 2022

Ghi chú

Pressure increasing:

11 thg 8, 2022

Ghi chú

Filter the noise and we are going for another resistance break attempt:

11 thg 8, 2022

Ghi chú

M formation not ruled out yet, this is a decision point to pay attention now and prepare your trades.

M or brake out.

12 thg 9, 2022

Ghi chú

Awesome volume on the rise!

12 thg 9, 2022

Ghi chú

If RSI breaks the down trend, it will be pretty to see.