Plain and Simple Bitcoin Daily Analysis - 3/11/21 - BTCUSDT
Plain and Simple Bitcoin Daily Analysis - 3/11/21 - BTCUSDT
BTCUSDT
Market is too emotional, really too much
Everybody requesting 60K is kind of jinxing it :)
I posted yesterday that the 57370K would be a clear rejection on my twitter channel and also on youtube (link below)
...and the rejection was...because of the confindence. Not enough fear to push the whales to boost price up.
4 hours chart still looks bearish, while 30 minute gives us a bullish morning.
Also a bearish divergence on the 4 hour, still point at a visit down 53500K.
I'm not convinced by this last push, the market is trying to trap bulls.
Bitcoin loves to trap bull, and then hammer a 20/30% drop on them ;)
So, for the morning, nice buying opportunities at this levels, but don't hold to it.
Second part of the day GMT+1 can be more tricky on the downside.
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!!!!
BTCUSDT
Market is too emotional, really too much
Everybody requesting 60K is kind of jinxing it :)
I posted yesterday that the 57370K would be a clear rejection on my twitter channel and also on youtube (link below)
...and the rejection was...because of the confindence. Not enough fear to push the whales to boost price up.
4 hours chart still looks bearish, while 30 minute gives us a bullish morning.
Also a bearish divergence on the 4 hour, still point at a visit down 53500K.
I'm not convinced by this last push, the market is trying to trap bulls.
Bitcoin loves to trap bull, and then hammer a 20/30% drop on them ;)
So, for the morning, nice buying opportunities at this levels, but don't hold to it.
Second part of the day GMT+1 can be more tricky on the downside.
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!!!!
