Plain and Simple Bitcoin Daily Analysis - 3/12/21 - BTCUSDT
Plain and Simple Bitcoin Daily Analysis - 3/12/21 - BTCUSDT
Market does not care what people want.
People want 60K so bad.
Market takes decisions.
Allright, we got 2 bearish divergences popping up, and a lower high on the bigger scale.
That's not good at all to get that lift to 60 K.
Price is attracted by the 48700 K level, that we might head back for the coming days.
I don't feel any euphoria around, so, ...
Back in february, people ignored RSI and kept buying - euphoria was at peek -
Now it seems like something else.
That's a day to be carefull, more on the short side, with extra wide SL from 58250 down to 55366
So..
Have fun, trading today !
Thanks for reading !
Stay safe.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
Market does not care what people want.
People want 60K so bad.
Market takes decisions.
Allright, we got 2 bearish divergences popping up, and a lower high on the bigger scale.
That's not good at all to get that lift to 60 K.
Price is attracted by the 48700 K level, that we might head back for the coming days.
I don't feel any euphoria around, so, ...
Back in february, people ignored RSI and kept buying - euphoria was at peek -
Now it seems like something else.
That's a day to be carefull, more on the short side, with extra wide SL from 58250 down to 55366
So..
Have fun, trading today !
Thanks for reading !
Stay safe.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
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