jacknakamoto

jacknakamoto

BTC has failed to break the local 0.618 level and is coming down with strength! Seems like its planning to test the support level at 30K range!

jacknakamoto

You need to look at macro factors first, see if market situation is favorable. This is the first step! To enter safely into the market, you need $BTC to breakout of the descending channel This breakout should be backed by high volume. Always wait for confirmation!

jacknakamoto

BTC currently following a downward channel. Wondering if BTC could break the channel 🤔 Here is what I'm expecting, Breaking channel and smashing dotted line with high volume candle could lead to breakout. However I’m expecting low volume break and range play for sometime if it breaks 🥴

jacknakamoto

Lot of bearish volume. I feel that we a powerful bullish candle to be printed with high volume to change our bias to bullish