🔥 BITCOIN MORNING TA! 🔥
⚡️Hey guys! Wishing well as always, basically just got off from work overnight and done dealing with a bit so gonna post this idea quickly and keep it relatively short for the sake of my sleep so thanks for tuning in and let's dive!
⚡️Basically as we've noted Bitcoin is still trading sideways and beneath our 'decision channel' so we're kind of just waiting on that break above that right now alongside that wait for the 20/50 EMA's to flip. Even with the fact being that we've been trading relatively sideways below the channel it should be noted that we've definitely been establishing a support at about that $19,600-700 range roughly. Now that is something which we like to see and again you should still keep that alert at $19,680 in case of any major movements.
⚡️Yesterday we did enter that decision channel once again however failed to materialize anything from it since we didn't break above and got rejected, we're basically still just keeping with that sideways trading and will until we break above that channel and find support that can stick with us as we progress up. Basically we're just waiting for the market sentiment to improve before the bigger whales start entering back in but that may be sooner than we expect.
⚡️Gonna leave the idea here but wishing all well as always, if you'd like to leave a like or follow it'd be much appreciated, even when I'm tired and off work I always make sure to post for you guys, it's simply a routine now and something I enjoy doing so thank you for tuning in and keep well! Always do your own proper DD before making any financial decisions and trade responsibly!
~ Rock '
⚡️Basically as we've noted Bitcoin is still trading sideways and beneath our 'decision channel' so we're kind of just waiting on that break above that right now alongside that wait for the 20/50 EMA's to flip. Even with the fact being that we've been trading relatively sideways below the channel it should be noted that we've definitely been establishing a support at about that $19,600-700 range roughly. Now that is something which we like to see and again you should still keep that alert at $19,680 in case of any major movements.
⚡️Yesterday we did enter that decision channel once again however failed to materialize anything from it since we didn't break above and got rejected, we're basically still just keeping with that sideways trading and will until we break above that channel and find support that can stick with us as we progress up. Basically we're just waiting for the market sentiment to improve before the bigger whales start entering back in but that may be sooner than we expect.
⚡️Gonna leave the idea here but wishing all well as always, if you'd like to leave a like or follow it'd be much appreciated, even when I'm tired and off work I always make sure to post for you guys, it's simply a routine now and something I enjoy doing so thank you for tuning in and keep well! Always do your own proper DD before making any financial decisions and trade responsibly!
~ Rock '
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