BTC pullback
OPINION!
I learned that the V in ichimoku's red cloud take the price up from it, Stoch rsi shows the possibility of going up, but MACD X starts to worry me, even with the price going down and the bottom going up. Heikin Ashi with Last Candles Won by Bulls. Bulls:
If TODAY closes above Daily MA200 the correction will not go beyond 45K, Side channel support since the last fall on December 4th.
Bears:
If you close below 45k, it will fetch the shadow at 42k.
Unfortunately for bears, I don't believe falling below 45k, in this scenario we're out of volume!
And it needs more people in the game to have sales force and break the support of this channel at 45k.
Summary: I expect wick at 56k and then a strong bearish to break 45k. Afterwards 40k wick up to possible 37k (weekly ichimoku cloud limit), with rapid price recovery to 42k, strong absorption zone and for me, accumulation zone.
At this moment I am 30% long. I will start buying after my indicators show about selling in the diary. I follow 30% long, because we know about the manipulations in this market and that's why we are in it, no frills, here it is volatile, speculated and manipulated. Want peace of mind, go to other markets.
I learned that the V in ichimoku's red cloud take the price up from it, Stoch rsi shows the possibility of going up, but MACD X starts to worry me, even with the price going down and the bottom going up. Heikin Ashi with Last Candles Won by Bulls. Bulls:
If TODAY closes above Daily MA200 the correction will not go beyond 45K, Side channel support since the last fall on December 4th.
Bears:
If you close below 45k, it will fetch the shadow at 42k.
Unfortunately for bears, I don't believe falling below 45k, in this scenario we're out of volume!
And it needs more people in the game to have sales force and break the support of this channel at 45k.
Summary: I expect wick at 56k and then a strong bearish to break 45k. Afterwards 40k wick up to possible 37k (weekly ichimoku cloud limit), with rapid price recovery to 42k, strong absorption zone and for me, accumulation zone.
At this moment I am 30% long. I will start buying after my indicators show about selling in the diary. I follow 30% long, because we know about the manipulations in this market and that's why we are in it, no frills, here it is volatile, speculated and manipulated. Want peace of mind, go to other markets.
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