Possibly a great time to be in crypto.
The monthly close of feb was very strong. we saw a 17% move on btc alone.
Now we are looking for a close on the daily above 44.5k, if we can get this it will be incredibly bullish for btc and alts as many alts are showing signs of having bottomed, a good example is ORN which has been trading low for a while and is now getting ready for potential upwards movement.
BTC rising will mean alts will follow suit eventually, it is best to find a pair that is trading bullish against bitcoin in order to maximise profits.
The atr on the daily is over 3k. this shows a possible move to atleast 47k in the picture and as long as we get the close on the daily above 44.5k i believe we can hit this and have room for more gains.
The whole market is reacting well to news in ukraine and this should be a catalyst for more growth for crypto as it is showing real world usage for crypto as they have received millions worth of donations.
Even for coins like ripple this is good news as it is highly likely now that ripple will win the SEC case.
Brace yourselves for amazing gains as long as we can hit where we need to accomplish this!
Now we are looking for a close on the daily above 44.5k, if we can get this it will be incredibly bullish for btc and alts as many alts are showing signs of having bottomed, a good example is ORN which has been trading low for a while and is now getting ready for potential upwards movement.
BTC rising will mean alts will follow suit eventually, it is best to find a pair that is trading bullish against bitcoin in order to maximise profits.
The atr on the daily is over 3k. this shows a possible move to atleast 47k in the picture and as long as we get the close on the daily above 44.5k i believe we can hit this and have room for more gains.
The whole market is reacting well to news in ukraine and this should be a catalyst for more growth for crypto as it is showing real world usage for crypto as they have received millions worth of donations.
Even for coins like ripple this is good news as it is highly likely now that ripple will win the SEC case.
Brace yourselves for amazing gains as long as we can hit where we need to accomplish this!
Comment:
Edit - Forgot to talk about potential GMMA crossing. This would be amazing for crypto and indicate a bull market on the daily however this is a lagging indicator and there are much better to see this that are starting to show positive signs.
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