crypto_botter

crypto_botter

As you see the first weekly buy signal just appeared which historically signals the beginning of new bull run cycle.

crypto_botter

No comment chart can speak

crypto_botter

short till 7300 expect a bounce if it hold if not we going deeper something like 6.5k-6.7k

crypto_botter

a possible scenario for short term BTC price

crypto_botter

all of us agree this is an ascending triangle and most of the time they break to the upside My play would be either front run it and take entry at 6650-6750 with a very tight stop loss or just wait for breakout to take entry. if we broke down this scenario is invalid. Good luck !

crypto_botter

As you can see after the big drop form 10000$ to 3800$ passing through all support lines to finally get supported by 300MA. We have seen then a bounce till 7000-6900 level where we got rejected multiple times. Yes we are back above 200MA but I don't think it will hold for so long. V bottom is not a healthy recovery as we need to see a long accumulation phase same...

crypto_botter

while BTC dominance slowly dropping I don't see why $MATIC tries testing 220 sat since it still keeping it's initial trend line as support.

crypto_botter Updated 

an hourly close below 6600 is where we want to take our entry short. 6160 is a level to watch for 4H close below and we go much lower, but if rejected we can see an other pump toward trend line for retest where we want to take our second short position. Good luck.