It's clear we went back to Bull with BTC... SO we can expect it to move up from now.. But as you know a stock doesn't go STRAIGHT to the moon right ? So here is a short term trade to play :
Bearish Divergence on BTC that could bring it to the Pink Line (About $10 100)
ENJOY FREE MONEY !
交易结束：到达目标
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Target reached !!! We went to 10 088 last night !!! YAYYYY
I dont think we are in bull mode yet, we are seeing people who has cash on the side buying in now, 4 hour, 6 hour and 12 hour are all way overbought. This is a bounce bear trend isn't over yet. PS...Your wife is hot lol :p
Tradingdeed
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@SilverStar84, I don't think you are wrong. It could be. I expected BTC to go between 4800 and 5200 before going Bull again.. But if it is a bounce, then it has knock down many resistance lines...
Also I am seing another divergence (short term betwen 4 to 8 hours) that shows that it could continue up for another $500...
We can't be sure 100% we have to be careful for sure... Now, BTC is also known for being overbought a lot when it rises..
Now do you think it will make a lower low soon ? I mean It's not impossible, on the weekly chart I do see a bearish divergence that could bring us low again but as a bounce, it is a good higher high this time...
My wife? You mean in the picture? Its me! I am a girl! Thanks though!
SilverStar_Trading
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@CryptoTradez, I have noticed that the 12 hour and 1 day are really overbought. I think a lot of the buys started with everyone thinking it was the bottom and it escalated into fomo. The next day or 2 are really important as we are reaching the area I would expect to see a turn around. Its just touching the Bearish trendline now. I am hoping to either see a double bottom or another leg down lower. This is bitcoin tho and it is so hard to tell anymore. It always seems to do the opposite of what I expect these days, then when I convince myself my theory was wrong and I give in and buy my theory comes true LOL :(
I did not realize that you were a woman, so awesome to see smart woman. I absolutely love it! Nothing sexier. Looks used to be sexy, brains are the new sexy. I have dreams of meeting a woman that is into crypto and trading. What a life that would be having someone totally into the same things as you. :D