BTC & Alts Daily Technical Analysis: Ready to go on the next level above 32K?

BTC & Alts Daily Technical Analysis: Ready to go on the next level above 32K?


A 5th time after breaking out from the bottom of the 50 Daily MM with a large emgulfing candle and especially with a close, then we will have at least a 20% drop since the last top?

or this time it will be different and we will do the snake around the MM 50 or even go above the 32K with force??

I think the probabilities are towards a drop already down from 26.5K as the last lower, and then the Berlin wall at 25K up to 24K with more volumes traded therefore + open positions to liquidate the longs well and trigger their SL?

https://www.tradingview.com/x/UFXLEezi/ 

4c6a1d10fd9371d1b1852a380be472f529cf9b43e2444aab029dba9052bfa578.png

The market is in range more than 75% of the time, and this is the best time when market makers and exchanges are stuffed with fees, liquidations and stop losses as liquidity.

For its reasons trading with leverage causes the majority of small fish to lose, and even without leverage therefore in spot it is already too volatile, caution and the right choice of nuggets will make the difference in the long term, and gluttony kills!

 

 

 

The return of shorts after yesterday's drop.
We now have more liquidations of cumulative shorts in the north.
BTC is on a trip south before returning tomorrow or after tomorrow at the palace at 28K? or this time back to hell at the bottom of 25K??

eb94b091ac8261900676327b6942844cd452b18e03930dbe899b47d0cc6bbbf4.png

 

 

 

👉 Follow the links below to the best & Secured Exchanges that I use for trading & often gives rewards for using their platform like Learn & Earn Program, making deposit & Trading on spot or Futures, Trading Competition, ...etc.

📈 Kucoin: Rewards for users Up to 10 millions USDT
https://www.kucoin.com/ucenter/signup?rcode=Kvyf2d

📈 Bybit: Get up to 4030 USDT in rewards just by signing up!
https://www.bybit.com/app/register?ref=7Wgmj

📈 Huobi: Get $150 welcome bonus by signing up!
https://www.huobi.com/en-us/v/register/double-invite/?inviter_id=11345710&invite_code=33423

📈 Okx: Get Mystery Boxes worth up to $10,000 now
https://www.okx.com/join/1867334

📈 Phemex: Get up to $6050 welcome bonus by signing up!
https://www.huobi.com/en-us/v/register/double-invite/?inviter_id=11345710&invite_code=33423

 

 

 

👀 Follow the Links Below to my Telegram Channels:

☑️ TA in French: https://t.me/Adaminssane1

☑️ Airdrop in English: https://t.me/Adaminsane 

 

 

How do you rate this article?

5


FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.

Page not displaying correctly?