Morning Crypto enthusiasts !
Bitcoin continues its sell off on our downtrend from 36K.
Red lines will be our buying points for quick scalping - dont hodl for too long - the market is moving aggressively plan your positions first!
I expect the trend to fall to at least the month LOW of 30K and for a decision to be made there... We could range for a few days in the green zone which is fast becoming the demand zone.
Daily bollinger bands are acting as accurate trend reversals for intraday movements. I will not be entering a trade until we complete this downtrend movement.
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Bitcoin continues its sell off on our downtrend from 36K.
Red lines will be our buying points for quick scalping - dont hodl for too long - the market is moving aggressively plan your positions first!
I expect the trend to fall to at least the month LOW of 30K and for a decision to be made there... We could range for a few days in the green zone which is fast becoming the demand zone.
Daily bollinger bands are acting as accurate trend reversals for intraday movements. I will not be entering a trade until we complete this downtrend movement.
PLEASE LIKE IF YOU APPRECIATE THIS POST
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Demand pulling closer
