➕ BTC - opinion
https://www.tradingview.com/x/STlLUTAk/
The upward impulse started, we hope it will not be sold yet again, and this is the end of the consolidation and the real move up, the appropriate counteraction will be a retest not lower than 19.5k, otherwise the price will be either flat or rebalanced, which is unlikely.
If 20k will hold the price and there will be no retest below that, then we can be happy for #btc, we keep #long position, the market is alive a bit and it's good.
The main resistance is 22.5k. in case of a successful consolidation above 21k, we should wait for BTC price there and close the opened positions, which were gained within the sideways channel.
As for the alts, we are not buying yet, we recommend to stay away from the market till the important reversal confirmations appear.
DYOR #NFA
MM Ventures | Website × Telegram × Twitter
https://www.tradingview.com/x/STlLUTAk/
The upward impulse started, we hope it will not be sold yet again, and this is the end of the consolidation and the real move up, the appropriate counteraction will be a retest not lower than 19.5k, otherwise the price will be either flat or rebalanced, which is unlikely.
If 20k will hold the price and there will be no retest below that, then we can be happy for #btc, we keep #long position, the market is alive a bit and it's good.
The main resistance is 22.5k. in case of a successful consolidation above 21k, we should wait for BTC price there and close the opened positions, which were gained within the sideways channel.
As for the alts, we are not buying yet, we recommend to stay away from the market till the important reversal confirmations appear.
DYOR #NFA
MM Ventures | Website × Telegram × Twitter