Today bitcoin is moving above EMA50 for the first since the early November breakdown.
EMA50 is a very important level and we use it to gauge midterm bullish potential.
Moving and staying above this level can signal 1-3 months of relief rally ahead...
Not so fast, it all depends on how the market reacts tomorrow after the Feds meeting but if there is a crash, we expect a fast recovery nonetheless.
Some of our active trades:
XBTUSD 10X (1 target hit)
ETHUSDT 8X (1 target hit)
EOSUSDT 8X (Active)
ADAUSDT 8X (Active)
XRPUSDT 8X (Active)
Thank you for reading.
Namaste.
EMA50 is a very important level and we use it to gauge midterm bullish potential.
Moving and staying above this level can signal 1-3 months of relief rally ahead...
Not so fast, it all depends on how the market reacts tomorrow after the Feds meeting but if there is a crash, we expect a fast recovery nonetheless.
Some of our active trades:
XBTUSD 10X (1 target hit)
ETHUSDT 8X (1 target hit)
EOSUSDT 8X (Active)
ADAUSDT 8X (Active)
XRPUSDT 8X (Active)
Thank you for reading.
Namaste.
Comment:
Ok. All good. Looks like the hit won't be that strong.
All of our trades remain either active or already in profits.
We will resume our normal schedule tomorrow.
Thanks a lot for your amazing support.
Get ready for the recovery rally.
I will keep you updated with the best analysis and charts.
Namaste.
All of our trades remain either active or already in profits.
We will resume our normal schedule tomorrow.
Thanks a lot for your amazing support.
Get ready for the recovery rally.
I will keep you updated with the best analysis and charts.
Namaste.
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Classic "buy the rumor, sell the news".
We are very likely to see a drop/shakeout tomorrow when the Fed announces whatever and only after this event we can see how things will develop.