TamePaewai

Bull vs Bears Zones plus Sentiment on the market conditions

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Long positions will begin around the 7K downwards depending
on time frame as US open tends to close there positions
before the end of the market day.
Aslong as theres FUD in the 1st Q we shall be seeing more of a beatdown.
As the market has no reason for new money as uncertainty is still fearing institutions and new investors.
In the grand scheme of things if BTC can hold its value and not become a security we shall still see
Bulls taking charge as for now It's a HODL game but if your a traders theres plenty of entries in the Yellow Zone areas
I wouldnt advise anyone without RRR and a plan to be Long on BTC as a day trade untill USA opens.
Keep in mind that NFPR was released last friday so that could have play part on the Bull trap previously.

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