Post
Topic
Board Speculation
Re: analyses of market condition
by
Tytanowy Janusz
on 07/07/2021, 06:29:25 UTC
BTC 
 
Bitcoin in the early high fall, the top test 36000 position suppression, but the top suppression force is strong, the market began to decline.  The lowest hit 34000 position line, the market gradually stabilized in the downward process, the downward force slowed down, tends to shock, in the short period of upward signs of strong upward.  Top concern 35500 line suppression, lower concern 34000 position support.  Operationally, you can use the support at 34000 to do a short long, place a long order around 34300, stop loss at 33800, and stop profit at 35200 to 35500. 

We are currently locked in this triangle.


We have tested resistance 7 times, support 4 times. After breakout we may see a massive price action. I would not bet for penies inside this triangle. Especially i would not sell at 35500.

What about alts? They will fallow BTC. No need to analize them.