There are windy times ahead at Bitcoin. At the moment we are experiencing the calm before the storm, but this could change soon. But the direction is not yet clear: Is it to the seabed or to the moon?
Let us speak the Eye of the Cryptuminati!
I can see the first positive signs:
The Fightbox seems to hold as resistance.
It doesn't take much for the Supertrend to turn to green.
In the lower indicator, the downward trend appears to have broken.
Scenario 1:
As a clever Cryptuminat I wait for the positive reversal of the Supertrend. That's where I set up my first positions. A Moonline break would be a strong uplink and an option to increase my position. Bridging the Lamboline would make my little crypto heart glow. According to the Dow Theory, it's a higher high.
Scenario 2:
The Supertrend in Bitcoin remains red. Below the Fightbox I would start with short positions.
I prefer scenario 1.
Now it's all about volatility .
Risk note: Everything is possible, nothing is necessary. All information is not a buy or sell recommendation.
»Life's Tragedy is that we get old too soon and wise too late.« (Benjamin Franklin)
Thank Cryptogod you found me. :-)
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