Welcome back!
It has been a while since I last posted. I have recently been working on a course and my Youtube channel has taken a lot more effort as it has been growing very fast recently.
I am going to start posting much more on TV because I have finally come to a point where I have more time on my hands.
Taking a look at BTC on the Dollar we can see my updated analysis.
This is the same TA i have been using for my Youtube videos so its already updated.
This short term bear cycle shows that Bitcoin is still in a confimred downtrend.
Lower highs, and lower lows us textbook bearish continuation.
We have failed to break out of this descending resistance that has held us for this entire cycle thus far.
With the most recent move in Bitcoin, we sold through support and were now getting rejected at resistance.
I am expecting another strong impulse down from the bears!
I have 3 price targets drawn to help you guys know exactly where I think price may go.
My first target is at $6,300
My second target is, $5,800
My final target is placed at $5,300
Pay atttention to what's happening and do not get shaken out!
This is an excellent buying opportunity and I will be looking to add to my long term bags with this sell off!
D.I.Y Investing :)
It has been a while since I last posted. I have recently been working on a course and my Youtube channel has taken a lot more effort as it has been growing very fast recently.
I am going to start posting much more on TV because I have finally come to a point where I have more time on my hands.
Taking a look at BTC on the Dollar we can see my updated analysis.
This is the same TA i have been using for my Youtube videos so its already updated.
This short term bear cycle shows that Bitcoin is still in a confimred downtrend.
Lower highs, and lower lows us textbook bearish continuation.
We have failed to break out of this descending resistance that has held us for this entire cycle thus far.
With the most recent move in Bitcoin, we sold through support and were now getting rejected at resistance.
I am expecting another strong impulse down from the bears!
I have 3 price targets drawn to help you guys know exactly where I think price may go.
My first target is at $6,300
My second target is, $5,800
My final target is placed at $5,300
Pay atttention to what's happening and do not get shaken out!
This is an excellent buying opportunity and I will be looking to add to my long term bags with this sell off!
D.I.Y Investing :)
Comment:
Comment:
Getting rejected off resistance.
Still expecting to see my downside targets met soon
Still expecting to see my downside targets met soon