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fuzail siddiqui
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fuzail siddiqui
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story everytime : #crypto dumps : i wish i had money in hand #crypto pumps : i am putting it all in , even if it dumps i am a long term holder . keep it simple don't try to earn with all your capital .
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#Bitcoin ๐ดDaily looks scary ๐ขWeekly looks promising ๐ Monthly looks challenging Daily Timeframe: Bullish Structure is broken, series of lower highs + lower lows with the daily support zone is lost | Bulls need to flip back above the one asap Weekly Timeframe: Caught by EMA 50 + Descending Broadening Wedge - chart has a bullish potential | Would be good to see the daily structure to flip bullish at first and the whole economy to recover (Btw many blame crypto for this downfall while it's a TradFi is a leading narrative here. TradFi Bullish = Crypto Bullish) Monthly Timeframe: Current picture looks scary as we broke below the monthly support zone (former major resistance zone) which looks to be a distribution. However we might reverse things for the bullish in case there is a close back above the monthly support, it will be a simple stop-hunt (fakeout). Whole month is ahead and we have a job to do! ๐My personal plan regards #BTC is to start DCA in case there is a mid-term downtrend - I see it as a great opportunity! Only local trades is now allowed with not too much leverage. โ ๏ธMid-Term Trading is now prohibited until things will be more clear.
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๐๐จ๐ฎ ๐๐จ๐ฎ๐ฅ๐ ๐๐ฎ๐ฒ ๐ญ๐ก๐๐ฌ๐ ๐๐ฅ๐ญ๐๐จ๐ข๐ง๐ฌ ๐จ Buy those alts who have made the fastest recovery.ย ย Go on CMC and check the top gainers in the last 24 hours. ย If the market dips again, those alts will be the fastest ones to recover. ย A few names are $ONDO, $SOL, $TIAย ย #DYOR, #NFA
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#Bitcoin RSI dropped below 30. Whenever $BTC RSI dropped below 30, the price bounced back. Letโs see how the market will react this time.
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