Btc: So far, So good for 10 950!
Are we still good for 10 950 like you said in your previous analysis?
Market Conditions:
Like you can see, slowly people are getting really bullish on Btc. We just broke another major resistance at 10 150 on the 1d & 3d timeframe.
Currently i would expect a re-test around 10 070 - 10 150 and from there higher high again.
Possible retrace soon?
Looking at the market, i would be tempted to short 10 950 for sure. It's one of the biggest level and people are starting to fomo really hard + it's the target i have been targeting for over a month now. A relief dump would be good..
- Funding is high
- Rsi & Macd is oversold on lower timeframe
- When all the crown do the same thing it ends pretty poorly most of the time.
I won't make a call on it since it's for sure extremely risky, i personally only short if an Uptrend got broken in a bull season, otherwise most of the time you finish by getting reckt too!
If you want to fallow my recent calls on Eth, Ltc, Link, Xrp, Ada, Xlm & more feel free to click on the links below!
Market Conditions:
Like you can see, slowly people are getting really bullish on Btc. We just broke another major resistance at 10 150 on the 1d & 3d timeframe.
Currently i would expect a re-test around 10 070 - 10 150 and from there higher high again.
Possible retrace soon?
Looking at the market, i would be tempted to short 10 950 for sure. It's one of the biggest level and people are starting to fomo really hard + it's the target i have been targeting for over a month now. A relief dump would be good..
- Funding is high
- Rsi & Macd is oversold on lower timeframe
- When all the crown do the same thing it ends pretty poorly most of the time.
I won't make a call on it since it's for sure extremely risky, i personally only short if an Uptrend got broken in a bull season, otherwise most of the time you finish by getting reckt too!
If you want to fallow my recent calls on Eth, Ltc, Link, Xrp, Ada, Xlm & more feel free to click on the links below!
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