Saved by the Wedge? Bitcoin Chart Tech Analysis from 20 Sep 2021 (How has this aged?)
My #Bitcoin Post from 2 days ago:
I am a self taught trader using simple chart analysis tools & trading strategies. Do you think this article / chart analysis has aged well?
Original Post Below:
I have updated the Bitcoin Graph. There seems to have been a #selloff in the Eastern #bitcoin exchanges. Often this is the case as traders + institutions sell off for the inevitable buy back from the #European and #USA buyers. I am hoping for a push back up into the green wedge (triangle) as this is the area we want to be in for #Bitcoin to reenter the #bullmarket
As for my previous post...
https://peakd.com/cryptocurrency/@jim-crypto/bitcoin-to-dollar77-000-this-year-bitcoin-techanalysis
I did mention -and need to highlight again- that the $77k Bitcoin could be a few months away. We are still in a bull (buyers) vs bear (sellers) battle at the moment. One of my less optimistic predictions sees BTC drop to just under $40k per BTC before being supported by the buyers.
If you are feeling disheartened by the sells offs, remember that #Bitcoin touched $29k exactly 2 months ago. What would you have given for your Bitcoin to be worth $45750 back then?
THE END
Trade wisely and #HODL when you aren't sure what to do. This is not financial advice, educate yourself before trading. Uneducated trading is the same as gambling!
@brettpullen @trade60 @doomz #first #post #leo #leofinance #crytocurrency #NFT #game #strategy #Blockchain #Splinterlands #Ethereum #blankosblockparty #playtoearn #Techanalysis #Ethereum @ultm8x @nft @threshold.guardian.gaming @urban_cinematography @hive #hive @arcange @ctime @savib
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Ottimo, direi tutto OK
Posted Using LeoFinance Beta