I post crypto charts/ideas. Check out my live trading journal in the pinned tweet! Feedback and comments are appreciated. Nothing I post is trading advice!
I started a Telegram trading journal to help me keep track of my trades as well as learn from any mistakes I make. I post my trades with my technical and fundamental reasoning behind them. It's a bit disorganized now but it will get better with time.Enjoy! https://t.co/mdwAOib1MM
If you have a minute please take this 10 question survey about the importance of each crypto asset class. I'm trying to gain some insight on which areas are going to be the most profitable over the next few years. Results are viewable for you at the end. https://t.co/qdoLZHqQ5Q
This next couple days is going to be very important. If we close with solid higher lows in the next few days we could see a reversal of this downtrend. If we go all the way down to retest 6950 it'd be a terrible sign to me. Be careful out there people.
In order to return to an uptrend, $BTC needs to move pretty quickly up to $11500 or at least $10100. Last time BTC was under the cloud for a long period of time it was 3 months of sideways before the uptrend continued. I'm holding everything right now until things calm down.
Some interesting things happening with $VTC /btc here. Very thin cloud on 4h, with good kinjun support on 4h. Between that and the long term support line at 39.6k sats price could break out of this bearish channel.
That support there at 11k where $BTC bounced last time is SUPER important. If $BTC can not hold there and breaks we'll be going to 8.4k imo.
If we hold and make double bottom we should be good. But like I said before, $BTC is skating on thin ice right now..